21, GAIA LANE, LICHFIELD, WS13 7LW - £176,000

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

21 GAIA LANE is a large extended detached house of 147m², built sometime before 1900. It was last sold for £176,000 in July 1999, which was around 43% above the average July 1999 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2012, where the current energy rating was F, and the potential energy rating was C.

21 GAIA LANE Sold Prices

Land registry data shows two sales for 21 GAIA 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 GAIA 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
1999 5 JUL	£176,000	£122,793	43% above HPI
1997 29 AUG	£177,000	£107,104	65% above HPI

21 GAIA 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 GAIA LANE sales from August 1997 and July 1999 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 1997 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the July 1999 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 21 GAIA LANE?

21 GAIA LANE is 147m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 21 GAIA LANE lies on this distribution: 72% of detached houses are smaller than 21 GAIA LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

21 GAIA LANE: Plot and Title Map

21 GAIA LANE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 21 GAIA 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 GAIA 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 GAIA LANE?

21 GAIA LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 21 on GAIA LANE.