20, GORSTY BANK, LICHFIELD, WS14 9UB - £250,000

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

20 GORSTY BANK is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2012, which was around 8% below the average June 2012 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

20 GORSTY BANK Sold Prices

Land registry data shows two sales for 20 GORSTY BANK 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. One of the two 20 GORSTY BANK sales was for below the average price, whilst the other was 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
2012 7 JUN	£250,000	£270,628	8% below HPI
1998 3 APR	£122,950	£111,506	10% above HPI

20 GORSTY BANK 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 20 GORSTY BANK sales from April 1998 and June 2012 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 April 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 20 GORSTY BANK?

20 GORSTY BANK is 112m², which includes one extension, according to the EPC inspection conducted in February 2011. 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 20 GORSTY BANK lies on this distribution: 43% of detached houses are smaller than 20 GORSTY BANK, and 57% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

20 GORSTY BANK: Plot and Title Map

20 GORSTY BANK sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 20 GORSTY BANK, 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 20 GORSTY BANK). 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 20 GORSTY BANK?

20 GORSTY BANK is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 20 on GORSTY BANK.