7, THE GABLES, POLESWORTH, TAMWORTH, B78 1DD - £300,000

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

7 THE GABLES is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £300,000 in May 2022, which was around 18% below the average May 2022 detached price in the North Warwickshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was C.

7 THE GABLES Sold Prices

Land registry data shows three sales for 7 THE GABLES 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 7 THE GABLES 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
2022 6 MAY	£300,000	£367,972	18% below HPI
2002 28 JUN	£115,000	£148,968	23% below HPI
1998 8 DEC	£84,500	£100,898	16% below HPI

7 THE GABLES 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 7 THE GABLES sales between December 1998 and May 2022 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 June 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 THE GABLES?

7 THE GABLES is 87m² according to the EPC inspection conducted in September 2011. 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 7 THE GABLES lies on this distribution: 28% of detached houses are smaller than 7 THE GABLES, and 72% of houses are larger. Note that EPC data is not available for all properties in Polesworth.

7 THE GABLES: Plot and Title Map

7 THE GABLES sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 7 THE GABLES, 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 7 THE GABLES). 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 7 THE GABLES?

7 THE GABLES is located in POLESWORTH, in the B78 postcode district. The below map shows the position of No. 7 on THE GABLES.