119, SCHOOL LANE, BURNTWOOD, WS7 1LB - £239,950

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.

119 SCHOOL LANE is a large detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £382,009. It was last sold for £239,950 in October 2014, which was around 25% below the average October 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

119 SCHOOL LANE Sold Prices

Land registry data shows two sales for 119 SCHOOL 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 Lichfield local authority area for the corresponding sale date. Both of the two 119 SCHOOL LANE sales were for 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
2014 17 OCT	£239,950	£319,811	25% below HPI
1995 24 FEB	£88,500	£96,193	8% below HPI

119 SCHOOL 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 two 119 SCHOOL LANE sales from February 1995 and October 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 February 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 119 SCHOOL LANE be worth now?

119 SCHOOL LANE might now be worth an estimated £382,009.

This is based on house price inflation of 59.2%, between October 2014 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.2% inflationary increase is applied to the most recent sale price for 119 SCHOOL LANE of £239,950 on 17th October 2014. For the value to have increased from £239,950 to £382,009 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 119 SCHOOL LANE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The October 2014 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 119 SCHOOL LANE has not materially changed since October 2014.

How Large is 119 SCHOOL LANE?

119 SCHOOL LANE is 123m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burntwood, and where 119 SCHOOL LANE lies on this distribution: 69% of detached houses houses are smaller than 119 SCHOOL LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

119 SCHOOL LANE: Plot and Title Map

119 SCHOOL LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 119 SCHOOL 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 119 SCHOOL 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 119 SCHOOL LANE?

119 SCHOOL LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 119 on SCHOOL LANE.