16, SHIPLEY LANE, LICHFIELD, WS14 0FJ - £450,000

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

16 SHIPLEY LANE is a midsized detached house of 113m², built in 2022. It was last sold for £450,000 in January 2024, which was around 2% below the average January 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was A.

16 SHIPLEY LANE Sold Prices

Land registry data shows two sales for 16 SHIPLEY 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 16 SHIPLEY 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
2024 9 JAN	£450,000	£459,405	2% below HPI
2022 30 SEP	£415,000	£465,340	11% below HPI

16 SHIPLEY 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 16 SHIPLEY LANE sales from September 2022 and January 2024 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 September 2022 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 16 SHIPLEY LANE?

16 SHIPLEY LANE is 113m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 16 SHIPLEY LANE lies on this distribution: 44% of detached houses are smaller than 16 SHIPLEY LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

16 SHIPLEY LANE: Plot and Title Map

16 SHIPLEY LANE sits on a plot of roughly 85.4 acres, or 345,525m². The below map shows the location of 16 SHIPLEY 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 16 SHIPLEY 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 16 SHIPLEY LANE?

16 SHIPLEY LANE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 16 on SHIPLEY LANE.