74, COMMON LANE, POLESWORTH, TAMWORTH, B78 1LY - £262,000

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

74 COMMON LANE is a small extended detached house of 96m², built sometime between 1976 and 1982. It was last sold for £262,000 in February 2020, which was around 16% below the average February 2020 detached price in the North Warwickshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

74 COMMON LANE Sold Prices

Land registry data shows three sales for 74 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 74 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
2020 28 FEB	£262,000	£311,974	16% below HPI
1999 22 OCT	£78,000	£113,583	31% below HPI
1996 22 MAR	£50,000	£78,804	37% below HPI

74 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 74 COMMON LANE sales between March 1996 and February 2020 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 October 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 74 COMMON LANE?

74 COMMON LANE is 96m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses in Polesworth, based on EPC data. The below chart shows the distribution of detached houses by size in Polesworth, and where 74 COMMON LANE lies on this distribution: 40% of detached houses are smaller than 74 COMMON LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Polesworth.

74 COMMON LANE: Plot and Title Map

74 COMMON LANE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 74 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 74 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 74 COMMON LANE?

74 COMMON LANE is located in POLESWORTH, in the B78 postcode district. The below map shows the position of No. 74 on COMMON LANE.