14, WHEEL LANE, LICHFIELD, WS13 7QW - £220,000

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.

14 WHEEL LANE is a very small semi-detached house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £294,930. It was last sold for £220,000 in January 2019, which was around 3% below the average January 2019 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

14 WHEEL LANE Sold Prices

Land registry data shows three sales for 14 WHEEL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lichfield local authority area for the corresponding sale date. One of the three 14 WHEEL LANE sales was for below the average price, whilst two 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
2019 31 JAN	£220,000	£227,426	3% below HPI
2002 2 MAY	£105,000	£95,436	10% above HPI
1997 3 APR	£74,950	£58,093	29% above HPI

14 WHEEL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 14 WHEEL LANE sales between April 1997 and January 2019 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 May 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 14 WHEEL LANE be worth now?

14 WHEEL LANE might now be worth an estimated £294,930.

This is based on house price inflation of 34.1%, between January 2019 and February 2025, for semi-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 34.1% inflationary increase is applied to the most recent sale price for 14 WHEEL LANE of £220,000 on 31st January 2019. For the value to have increased from £220,000 to £294,930 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 14 WHEEL LANE has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The January 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WHEEL LANE has not materially changed since January 2019.

How Large is 14 WHEEL LANE?

14 WHEEL LANE is 58m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of semi-detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lichfield, and where 14 WHEEL LANE lies on this distribution: 2% of semi-detached houses houses are smaller than 14 WHEEL LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

14 WHEEL LANE: Plot and Title Map

14 WHEEL LANE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 14 WHEEL 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 WHEEL 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 WHEEL LANE?

14 WHEEL LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 14 on WHEEL LANE.