17, WEMBLEY LANE, BURNTWOOD, WS7 1FL - £292,500

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.

17 WEMBLEY LANE is a midsized extended detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £352,085. It was last sold for £292,500 in June 2021, which was around 31% below the average June 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

17 WEMBLEY LANE Sold Prices

Land registry data shows three sales for 17 WEMBLEY LANE 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 17 WEMBLEY 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 2 JUN	£292,500	£422,985	31% below HPI
2002 17 JUN	£120,500	£181,012	33% below HPI
2000 25 FEB	£93,950	£132,878	29% below HPI

17 WEMBLEY 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 three 17 WEMBLEY LANE sales between February 2000 and June 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 June 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 17 WEMBLEY LANE be worth now?

17 WEMBLEY LANE might now be worth an estimated £352,085.

This is based on house price inflation of 20.4%, between June 2021 and February 2025, 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 20.4% inflationary increase is applied to the most recent sale price for 17 WEMBLEY LANE of £292,500 on 2nd June 2021. For the value to have increased from £292,500 to £352,085 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 17 WEMBLEY LANE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The June 2021 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 17 WEMBLEY LANE has not materially changed since June 2021.

How Large is 17 WEMBLEY LANE?

17 WEMBLEY LANE is 102m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% of detached houses houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burntwood, and where 17 WEMBLEY LANE lies on this distribution: 43% of detached houses houses are smaller than 17 WEMBLEY LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

17 WEMBLEY LANE: Plot and Title Map

17 WEMBLEY LANE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 17 WEMBLEY 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 17 WEMBLEY 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 17 WEMBLEY LANE?

17 WEMBLEY LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 17 on WEMBLEY LANE.