50, STATFOLD LANE, FRADLEY, LICHFIELD, WS13 8NY - £440,000

50 STATFOLD LANE is a large extended detached house of 154m², built sometime between 1991 and 1995. It was last sold for £440,000 in March 2020, which was around 12% above the average March 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

50 STATFOLD LANE Sold Prices

Land registry data shows four sales for 50 STATFOLD 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 Lichfield local authority area for the corresponding sale date. All of the four 50 STATFOLD 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 6 MAR	£440,000	£392,329	12% above HPI
2012 29 JUN	£309,000	£270,628	14% above HPI
2000 17 APR	£145,000	£134,772	8% above HPI
1998 23 OCT	£124,000	£123,162	1% above HPI

50 STATFOLD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 50 STATFOLD LANE sales between October 1998 and March 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 June 2012 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 50 STATFOLD LANE?

50 STATFOLD LANE is 154m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley, and where 50 STATFOLD LANE lies on this distribution: 70% of detached houses are smaller than 50 STATFOLD LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Fradley.

50 STATFOLD LANE: Plot and Title Map

50 STATFOLD LANE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 50 STATFOLD 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 50 STATFOLD 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 50 STATFOLD LANE?

50 STATFOLD LANE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 50 on STATFOLD LANE.