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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

119 SCHOOL LANE is a large detached house of 123m², built sometime between 1991 and 1995. It was last sold for £239,950 in October 2014, which was around 23% 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	£312,099	23% below HPI
1995 24 FEB	£88,500	£93,874	6% 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

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 in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 119 SCHOOL LANE lies on this distribution: 69% of detached 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.