21, BORROWCOP LANE, LICHFIELD, WS14 9DF - £750,000

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.

21 BORROWCOP LANE is a very large detached house of 281m², which could now be worth an estimated £1,002,584. It was last sold for £750,000 in February 2019, which was around 97% above the average February 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was B.

21 BORROWCOP LANE Sold Prices

Land registry data shows two sales for 21 BORROWCOP 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 21 BORROWCOP 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
2019 8 FEB	£750,000	£380,879	97% above HPI
2014 14 NOV	£725,000	£327,748	121% above HPI

21 BORROWCOP 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 21 BORROWCOP LANE sales from November 2014 and February 2019 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 November 2014 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the February 2019 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might 21 BORROWCOP LANE be worth now?

21 BORROWCOP LANE might now be worth an estimated £1,002,584.

This is based on house price inflation of 33.7%, between February 2019 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 33.7% inflationary increase is applied to the most recent sale price for 21 BORROWCOP LANE of £750,000 on 8th February 2019. For the value to have increased from £750,000 to £1,002,584 over the six years to February 2025, the following assumptions must hold true:

• The value of 21 BORROWCOP LANE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The February 2019 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 21 BORROWCOP LANE has not materially changed since February 2019.

How Large is 21 BORROWCOP LANE?

21 BORROWCOP LANE is 281m² according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lichfield, and where 21 BORROWCOP LANE lies on this distribution: 99% of detached houses houses are smaller than 21 BORROWCOP LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

21 BORROWCOP LANE: Plot and Title Map

21 BORROWCOP LANE sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of 21 BORROWCOP 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 21 BORROWCOP 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 21 BORROWCOP LANE?

21 BORROWCOP LANE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 21 on BORROWCOP LANE.