340, WILNECOTE LANE, TAMWORTH, B77 2LE - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

340 WILNECOTE LANE is a very small terraced house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £198,057. It was last sold for £120,000 in May 2007, which was around 2% above the average May 2007 terraced price in the Tamworth local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

340 WILNECOTE LANE Sold Prices

Land registry data shows three sales for 340 WILNECOTE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Tamworth local authority area for the corresponding sale date. The three 340 WILNECOTE LANE sales were a mix of above the average price, roughly equal to the average price, and 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
2007 22 MAY	£120,000	£117,479	2% above HPI
2002 1 NOV	£71,950	£73,070	2% below HPI
1996 28 JUN	£36,000	£36,162	Close to HPI

340 WILNECOTE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tamworth local authority area over time, sourced from the HPI. The three 340 WILNECOTE LANE sales between June 1996 and May 2007 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2007 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 340 WILNECOTE LANE be worth now?

340 WILNECOTE LANE might now be worth an estimated £198,057.

This is based on house price inflation of 65%, between May 2007 and October 2025, for terraced houses, in the Tamworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65% inflationary increase is applied to the most recent sale price for 340 WILNECOTE LANE of £120,000 on 22nd May 2007. For the value to have increased from £120,000 to £198,057 over the seventeen years and seven months to October 2025, the following assumptions must hold true:

• The value of 340 WILNECOTE LANE has moved in line with the HPI for terraced houses in the Tamworth local authority area.
• The May 2007 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 340 WILNECOTE LANE has not materially changed since May 2007.

How Large is 340 WILNECOTE LANE?

340 WILNECOTE LANE is 75m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of terraced houses houses in Tamworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tamworth, and where 340 WILNECOTE LANE lies on this distribution: 9% of terraced houses houses are smaller than 340 WILNECOTE LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

340 WILNECOTE LANE: Plot and Title Map

340 WILNECOTE LANE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 340 WILNECOTE 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 340 WILNECOTE 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 340 WILNECOTE LANE?

340 WILNECOTE LANE is located in TAMWORTH, in the B77 postcode district. The below map shows the position of No. 340 on WILNECOTE LANE.