55, BASIN LANE, TAMWORTH, B77 2AH - £195,000

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

55 BASIN LANE is a very small semi-detached house of 76m², built sometime between 2003 and 2006. It was last sold for £195,000 in March 2017, which was around 28% below the average March 2017 detached price in the Tamworth local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

55 BASIN LANE Sold Prices

Land registry data shows three sales for 55 BASIN 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 55 BASIN 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
2017 31 MAR	£195,000	£269,258	28% below HPI
2010 20 DEC	£163,000	£212,241	23% below HPI
2006 17 NOV	£173,802	£223,243	22% below HPI

55 BASIN 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 55 BASIN LANE sales between November 2006 and March 2017 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 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 55 BASIN LANE?

55 BASIN LANE is 76m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 55 BASIN LANE lies on this distribution: 10% of detached houses are smaller than 55 BASIN LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

55 BASIN LANE: Plot and Title Map

55 BASIN LANE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 55 BASIN 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 55 BASIN 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 55 BASIN LANE?

55 BASIN LANE is located in TAMWORTH, in the B77 postcode district. The below map shows the position of No. 55 on BASIN LANE.