89, GILLWAY LANE, TAMWORTH, B79 8PJ - £465,000

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

89 GILLWAY LANE is a very large extended detached house of 193m², built sometime between 1976 and 1982. It was last sold for £465,000 in February 2020, which was around 54% above the average February 2020 detached price in the Tamworth local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.

89 GILLWAY LANE Sold Prices

Land registry data shows four sales for 89 GILLWAY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. All of the four 89 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 FEB	£465,000	£301,882	54% above HPI
2002 25 NOV	£325,000	£166,168	96% above HPI
2001 23 FEB	£199,950	£119,224	68% above HPI
1996 17 MAY	£91,000	£76,163	19% above HPI

89 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 four 89 GILLWAY LANE sales between May 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 November 2002 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the February 2020 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 89 GILLWAY LANE?

89 GILLWAY LANE is 193m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 89 GILLWAY LANE lies on this distribution: 97% of detached houses are smaller than 89 GILLWAY LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

89 GILLWAY LANE: Plot and Title Map

89 GILLWAY LANE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 89 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 89 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 89 GILLWAY LANE?

89 GILLWAY LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 89 on GILLWAY LANE.