3, MILNE AVENUE, LICHFIELD, WS13 8SQ - £205,000

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

3 MILNE AVENUE is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £205,000 in July 2017, which was around 41% below the average July 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

3 MILNE AVENUE Sold Prices

Land registry data shows four sales for 3 MILNE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 3 MILNE AVENUE 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
2017 28 JUL	£205,000	£349,461	41% below HPI
2017 21 JUL	£210,000	£349,461	40% below HPI
2013 4 APR	£166,500	£279,552	40% below HPI
1997 4 JUL	£39,950	£105,997	62% below HPI

3 MILNE AVENUE 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 four 3 MILNE AVENUE sales between July 1997 and July 2017 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 July 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 MILNE AVENUE?

3 MILNE AVENUE is 79m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley South, and where 3 MILNE AVENUE lies on this distribution: 5% of detached houses are smaller than 3 MILNE AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

3 MILNE AVENUE: Plot and Title Map

3 MILNE AVENUE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 3 MILNE AVENUE, 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 3 MILNE AVENUE). 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 3 MILNE AVENUE?

3 MILNE AVENUE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 3 on MILNE AVENUE.