15, MILNE AVENUE, LICHFIELD, WS13 8SQ - £240,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MILNE AVENUE is a very small detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £335,756. It was last sold for £240,500 in August 2017, which was around 35% below the average August 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

15 MILNE AVENUE Sold Prices

Land registry data shows three sales for 15 MILNE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 15 MILNE AVENUE 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
2017 25 AUG	£240,500	£368,888	35% below HPI
2003 21 NOV	£149,995	£232,873	36% below HPI
1997 10 OCT	£72,950	£110,439	34% below HPI

15 MILNE AVENUE 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 three 15 MILNE AVENUE sales between October 1997 and August 2017 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 November 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2017 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 15 MILNE AVENUE be worth now?

15 MILNE AVENUE might now be worth an estimated £335,756.

This is based on house price inflation of 39.6%, between August 2017 and December 2024, 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 39.6% inflationary increase is applied to the most recent sale price for 15 MILNE AVENUE of £240,500 on 25th August 2017. For the value to have increased from £240,500 to £335,756 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 15 MILNE AVENUE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2017 sale price of £240,500 represented a fair market value for the property.
• The size, condition, and specification of 15 MILNE AVENUE has not materially changed since August 2017.

How Large is 15 MILNE AVENUE?

15 MILNE AVENUE is 78m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fradley South, and where 15 MILNE AVENUE lies on this distribution: 4% of detached houses houses are smaller than 15 MILNE AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

15 MILNE AVENUE: Plot and Title Map

15 MILNE AVENUE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 15 MILNE AVENUE, 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 15 MILNE AVENUE). 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 15 MILNE AVENUE?

15 MILNE AVENUE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 15 on MILNE AVENUE.