3, THE GULLET, POLESWORTH, TAMWORTH, B78 1HH - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 THE GULLET is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £175,000 in November 2015, which was around 33% below the average November 2015 detached price in the North Warwickshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

3 THE GULLET Sold Prices

Land registry data shows three sales for 3 THE GULLET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. All of the three 3 THE GULLET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 23 NOV	£175,000	£259,507	33% below HPI
1998 17 JUL	£69,950	£98,516	29% below HPI
1995 14 JUL	£51,000	£86,063	41% below HPI

3 THE GULLET Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The three 3 THE GULLET sales between July 1995 and November 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 THE GULLET?

3 THE GULLET is 82m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses in Polesworth, based on EPC data. The below chart shows the distribution of detached houses by size in Polesworth, and where 3 THE GULLET lies on this distribution: 23% of detached houses are smaller than 3 THE GULLET, and 77% of houses are larger. Note that EPC data is not available for all properties in Polesworth.

3 THE GULLET: Plot and Title Map

3 THE GULLET sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 3 THE GULLET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 THE GULLET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 THE GULLET?

3 THE GULLET is located in POLESWORTH, in the B78 postcode district. The below map shows the position of No. 3 on THE GULLET.