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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 LUD LANE is a small detached house of 93m², built sometime between 2007 and 2011, which could now be worth an estimated £221,627. It was last sold for £200,000 in August 2021, which was around 39% 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	£329,196	39% below HPI
2013 17 MAY	£145,000	£206,633	30% below HPI
1997 3 OCT	£64,000	£83,467	23% 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 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 5 LUD LANE be worth now?

5 LUD LANE might now be worth an estimated £221,627.

This is based on house price inflation of 10.8%, between August 2021 and February 2025, for detached houses, in the Tamworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.8% inflationary increase is applied to the most recent sale price for 5 LUD LANE of £200,000 on 13th August 2021. For the value to have increased from £200,000 to £221,627 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 5 LUD LANE has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The August 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LUD LANE has not materially changed since August 2021.

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 houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tamworth, and where 5 LUD LANE lies on this distribution: 26% of detached houses 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.