5, THE GULLET, POLESWORTH, TAMWORTH, B78 1HH - £230,000

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

5 THE GULLET is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £230,000 in April 2021, which was around 30% below the average April 2021 detached price in the North Warwickshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

5 THE GULLET Sold Prices

Land registry data shows two sales for 5 THE GULLET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. Both of the two 5 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
2021 30 APR	£230,000	£327,082	30% below HPI
2020 12 MAY	£160,000	£312,985	49% below HPI

5 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 two 5 THE GULLET sales from May 2020 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 May 2020 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the April 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 THE GULLET?

5 THE GULLET is 88m², which includes two extensions, according to the EPC inspection conducted in March 2019. 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 5 THE GULLET lies on this distribution: 29% of detached houses are smaller than 5 THE GULLET, and 71% of houses are larger. Note that EPC data is not available for all properties in Polesworth.

5 THE GULLET: Plot and Title Map

5 THE GULLET sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 5 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 5 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 5 THE GULLET?

5 THE GULLET is located in POLESWORTH, in the B78 postcode district. The below map shows the position of No. 5 on THE GULLET.