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
31 THE PINES is a very large extended detached house of 171m², built sometime between 1983 and 1990. It was last sold for £475,000 in June 2019, which was around 31% above the average June 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 31 THE PINES since 1st 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. All of the three 31 THE PINES 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 13 JUN | £475,000 | £362,982 | 31% above HPI |
2000 31 AUG | £192,500 | £144,770 | 33% above HPI |
1996 23 AUG | £128,000 | £97,203 | 32% above HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 31 THE PINES sales between August 1996 and June 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 August 2000 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2019 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.
31 THE PINES is 171m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 20% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 31 THE PINES lies on this distribution: 83% of detached houses are smaller than 31 THE PINES, and 16% of houses are larger. Note that EPC data is not available for all properties in Lichfield.
31 THE PINES sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 31 THE PINES, 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 31 THE PINES). 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.
31 THE PINES is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 31 on THE PINES.