87, GILLWAY LANE, TAMWORTH, B79 8PJ - £375,000

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

87 GILLWAY LANE is a small detached house of 97m², built sometime between 1950 and 1966. It was last sold for £375,000 in November 2020, which was around 19% above the average November 2020 detached price in the Tamworth local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

87 GILLWAY LANE Sold Prices

Land registry data shows two sales for 87 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 87 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
2020 27 NOV	£375,000	£315,119	19% above HPI
2016 15 JAN	£265,000	£248,371	7% above HPI

87 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 87 GILLWAY LANE sales from January 2016 and November 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 January 2016 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 87 GILLWAY LANE?

87 GILLWAY LANE is 97m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 87 GILLWAY LANE lies on this distribution: 32% of detached houses are smaller than 87 GILLWAY LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

87 GILLWAY LANE: Plot and Title Map

87 GILLWAY LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 87 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 87 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 87 GILLWAY LANE?

87 GILLWAY LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 87 on GILLWAY LANE.