57, HEDGING LANE, WILNECOTE, TAMWORTH, B77 5EX - £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.

57 HEDGING LANE is a very small extended terraced house of 82m², built sometime between 1900 and 1929, which could now be worth an estimated £201,604. It was last sold for £120,000 in August 2014, which was around 4% above the average August 2014 terraced price in the Tamworth local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

57 HEDGING LANE Sold Prices

Land registry data shows three sales for 57 HEDGING 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. All of the three 57 HEDGING 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
2014 21 AUG	£120,000	£115,412	4% above HPI
2011 14 OCT	£115,000	£105,506	9% above HPI
2003 27 JUN	£91,000	£81,916	11% above HPI

57 HEDGING 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 57 HEDGING LANE sales between June 2003 and August 2014 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 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 57 HEDGING LANE be worth now?

57 HEDGING LANE might now be worth an estimated £201,604.

This is based on house price inflation of 68%, between August 2014 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 68% inflationary increase is applied to the most recent sale price for 57 HEDGING LANE of £120,000 on 21st August 2014. For the value to have increased from £120,000 to £201,604 over the ten years and ten months to October 2025, the following assumptions must hold true:

• The value of 57 HEDGING LANE has moved in line with the HPI for terraced houses in the Tamworth local authority area.
• The August 2014 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 57 HEDGING LANE has not materially changed since August 2014.

How Large is 57 HEDGING LANE?

57 HEDGING LANE is 82m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% 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 57 HEDGING LANE lies on this distribution: 15% of terraced houses houses are smaller than 57 HEDGING LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

57 HEDGING LANE: Plot and Title Map

57 HEDGING LANE sits on a plot of roughly 0.015 of an acre, or 59m². The below map shows the location of 57 HEDGING 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 57 HEDGING 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 57 HEDGING LANE?

57 HEDGING LANE is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 57 on HEDGING LANE.