32, GAINSBOROUGH DRIVE, MILE OAK, TAMWORTH, B78 3PJ - £457,250

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

32 GAINSBOROUGH DRIVE is a small detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £566,038. It was last sold for £457,250 in April 2021, which was around 10% above the average April 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

32 GAINSBOROUGH DRIVE Sold Prices

Land registry data shows three sales for 32 GAINSBOROUGH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. One of the three 32 GAINSBOROUGH DRIVE sales was for above the average price, whilst two 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
2021 30 APR	£457,250	£416,018	10% above HPI
2018 26 JAN	£250,000	£363,505	31% below HPI
1995 28 APR	£87,500	£89,808	3% below HPI

32 GAINSBOROUGH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 32 GAINSBOROUGH DRIVE sales between April 1995 and April 2021 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 January 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 32 GAINSBOROUGH DRIVE be worth now?

32 GAINSBOROUGH DRIVE might now be worth an estimated £566,038.

This is based on house price inflation of 23.8%, between April 2021 and December 2024, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.8% inflationary increase is applied to the most recent sale price for 32 GAINSBOROUGH DRIVE of £457,250 on 30th April 2021. For the value to have increased from £457,250 to £566,038 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 32 GAINSBOROUGH DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The April 2021 sale price of £457,250 represented a fair market value for the property.
• The size, condition, and specification of 32 GAINSBOROUGH DRIVE has not materially changed since April 2021.

How Large is 32 GAINSBOROUGH DRIVE?

32 GAINSBOROUGH DRIVE is 96m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fazeley, and where 32 GAINSBOROUGH DRIVE lies on this distribution: 31% of detached houses houses are smaller than 32 GAINSBOROUGH DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

32 GAINSBOROUGH DRIVE: Plot and Title Map

32 GAINSBOROUGH DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 32 GAINSBOROUGH DRIVE, 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 32 GAINSBOROUGH DRIVE). 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 32 GAINSBOROUGH DRIVE?

32 GAINSBOROUGH DRIVE is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 32 on GAINSBOROUGH DRIVE.