2, WEMBLEY LANE, BURNTWOOD, WS7 1FL - £307,000

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 WEMBLEY LANE is a large detached house of 132m², built sometime between 1996 and 2002. It was last sold for £307,000 in August 2016, which was around 12% below the average August 2016 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 C.

2 WEMBLEY LANE Sold Prices

Land registry data shows two sales for 2 WEMBLEY 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 2 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
2016 19 AUG	£307,000	£349,658	12% below HPI
2000 31 MAR	£119,950	£132,734	10% below HPI

2 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 two 2 WEMBLEY LANE sales from March 2000 and August 2016 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 March 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 WEMBLEY LANE?

2 WEMBLEY LANE is 132m² according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 2 WEMBLEY LANE lies on this distribution: 77% of detached houses are smaller than 2 WEMBLEY LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

2 WEMBLEY LANE: Plot and Title Map

2 WEMBLEY LANE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 2 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 2 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 2 WEMBLEY LANE?

2 WEMBLEY LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 2 on WEMBLEY LANE.