21A, WADE LANE, HILL RIDWARE, RUGELEY, WS15 3RE - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

21A WADE LANE is a very large detached house of 170m², built sometime between 1996 and 2002. It was last sold for £300,000 in August 2014, which was around 2% below the average August 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

21A WADE LANE Sold Prices

Land registry data shows three sales for 21A WADE 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. One of the three 21A WADE LANE sales was for below the average price, whilst two 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
2014 15 AUG	£300,000	£305,703	2% below HPI
2004 11 AUG	£308,000	£252,661	22% above HPI
2002 6 DEC	£285,000	£194,357	47% above HPI

21A WADE 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 21A WADE LANE sales between December 2002 and August 2014 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 21A WADE LANE?

21A WADE LANE is 170m² according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Ridware, and where 21A WADE LANE lies on this distribution: 81% of detached houses are smaller than 21A WADE LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.

21A WADE LANE: Plot and Title Map

21A WADE LANE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 21A WADE 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 21A WADE 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 21A WADE LANE?

21A WADE LANE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 21A on WADE LANE.