58, COMMON LANE, POLESWORTH, TAMWORTH, B78 1LS - £194,000

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

58 COMMON LANE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £194,000 in June 2017, which was around 35% below the average June 2017 detached price in the North Warwickshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

58 COMMON LANE Sold Prices

Land registry data shows three sales for 58 COMMON 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 North Warwickshire local authority area for the corresponding sale date. All of the three 58 COMMON 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 16 JUN	£194,000	£299,393	35% below HPI
2006 11 AUG	£188,950	£240,191	21% below HPI
2001 1 JUN	£112,000	£126,734	12% below HPI

58 COMMON LANE 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 three 58 COMMON LANE sales between June 2001 and June 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 August 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 58 COMMON LANE?

58 COMMON LANE is 74m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Polesworth, based on EPC data. The below chart shows the distribution of detached houses by size in Polesworth, and where 58 COMMON LANE lies on this distribution: 10% of detached houses are smaller than 58 COMMON LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Polesworth.

58 COMMON LANE: Plot and Title Map

58 COMMON LANE sits on a plot of roughly 0.120 of an acre, or 488m². The below map shows the location of 58 COMMON 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 58 COMMON 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 58 COMMON LANE?

58 COMMON LANE is located in POLESWORTH, in the B78 postcode district. The below map shows the position of No. 58 on COMMON LANE.