14, SCHOOL LANE, HILL RIDWARE, RUGELEY, WS15 3QN - £332,000

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

14 SCHOOL LANE is a large detached house of 139m², built sometime between 1967 and 1975. It was last sold for £332,000 in December 2021, which was around 24% below the average December 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

14 SCHOOL LANE Sold Prices

Land registry data shows two sales for 14 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 14 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
2021 21 DEC	£332,000	£438,569	24% below HPI
1998 12 MAR	£75,000	£113,506	34% below HPI

14 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 14 SCHOOL LANE sales from March 1998 and December 2021 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 March 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 14 SCHOOL LANE?

14 SCHOOL LANE is 139m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Ridware, and where 14 SCHOOL LANE lies on this distribution: 61% of detached houses are smaller than 14 SCHOOL LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.

14 SCHOOL LANE: Plot and Title Map

14 SCHOOL LANE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 14 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 14 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 14 SCHOOL LANE?

14 SCHOOL LANE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 14 on SCHOOL LANE.