79, GILLWAY LANE, TAMWORTH, B79 8PJ - £420,000

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

79 GILLWAY LANE is a large extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £420,000 in July 2022, which was around 18% above the average July 2022 detached price in the Tamworth local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

79 GILLWAY LANE Sold Prices

Land registry data shows two sales for 79 GILLWAY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Both of the two 79 GILLWAY LANE sales were for above 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 8 JUL	£420,000	£355,127	18% above HPI
2007 31 AUG	£248,000	£228,130	9% above HPI

79 GILLWAY 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 two 79 GILLWAY LANE sales from August 2007 and July 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 August 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 79 GILLWAY LANE?

79 GILLWAY LANE is 131m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 30% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 79 GILLWAY LANE lies on this distribution: 75% of detached houses are smaller than 79 GILLWAY LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

79 GILLWAY LANE: Plot and Title Map

79 GILLWAY LANE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 79 GILLWAY 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 79 GILLWAY 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 79 GILLWAY LANE?

79 GILLWAY LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 79 on GILLWAY LANE.