42, GILLWAY LANE, TAMWORTH, B79 8PL - £246,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

42 GILLWAY LANE is a very small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £246,500 in October 2003, which was around 37% above the average October 2003 detached price in the Tamworth local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

42 GILLWAY LANE Sold Prices

Land registry data shows two sales for 42 GILLWAY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Both of the two 42 GILLWAY LANE sales were for above 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
2003 17 OCT	£246,500	£179,293	37% above HPI
2001 13 DEC	£165,000	£130,903	26% above HPI

42 GILLWAY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The two 42 GILLWAY LANE sales from December 2001 and October 2003 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 December 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2003 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 42 GILLWAY LANE?

42 GILLWAY LANE is 87m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 42 GILLWAY LANE lies on this distribution: 20% of detached houses are smaller than 42 GILLWAY LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

42 GILLWAY LANE: Plot and Title Map

42 GILLWAY LANE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 42 GILLWAY LANE, 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 42 GILLWAY LANE). 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 42 GILLWAY LANE?

42 GILLWAY LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 42 on GILLWAY LANE.