2, STATFOLD LANE, FRADLEY, LICHFIELD, WS13 8NY - £285,000

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

2 STATFOLD LANE is a midsized detached house of 126m², built sometime between 1983 and 1990. It was last sold for £285,000 in October 2004, which was around 10% above the average October 2004 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

2 STATFOLD LANE Sold Prices

Land registry data shows three sales for 2 STATFOLD 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 2 STATFOLD LANE sales 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
2004 29 OCT	£285,000	£260,263	10% above HPI
2004 27 AUG	£285,000	£252,661	13% above HPI
1995 2 JUN	£125,000	£93,352	34% above HPI

2 STATFOLD 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 2 STATFOLD LANE sales between June 1995 and October 2004 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 August 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2004 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 STATFOLD LANE?

2 STATFOLD LANE is 126m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley, and where 2 STATFOLD LANE lies on this distribution: 50% of detached houses are smaller than 2 STATFOLD LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Fradley.

2 STATFOLD LANE: Plot and Title Map

2 STATFOLD LANE sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of 2 STATFOLD 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 2 STATFOLD 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 2 STATFOLD LANE?

2 STATFOLD LANE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 2 on STATFOLD LANE.