5, LUD LANE, TAMWORTH, B79 7EW - £200,000

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

5 LUD LANE is a small detached house of 93m², built sometime between 2007 and 2011. It was last sold for £200,000 in August 2021, which was around 40% below the average August 2021 detached price in the Tamworth local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

5 LUD LANE Sold Prices

Land registry data shows three sales for 5 LUD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. All of the three 5 LUD LANE 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
2021 13 AUG	£200,000	£330,616	40% below HPI
2013 17 MAY	£145,000	£207,524	30% below HPI
1997 3 OCT	£64,000	£83,826	24% below HPI

5 LUD 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 three 5 LUD LANE sales between October 1997 and August 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 May 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 5 LUD LANE?

5 LUD LANE is 93m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 5 LUD LANE lies on this distribution: 26% of detached houses are smaller than 5 LUD LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

5 LUD LANE: Plot and Title Map

5 LUD LANE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 5 LUD 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 5 LUD 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 5 LUD LANE?

5 LUD LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 5 on LUD LANE.