34, PARK LANE, BONEHILL, TAMWORTH, B78 3HZ - £260,000

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

34 PARK LANE is a large extended semi-detached house of 120m², built sometime between 1930 and 1949. It was last sold for £260,000 in June 2014, which was around 15% below the average June 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

34 PARK LANE Sold Prices

Land registry data shows two sales for 34 PARK 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 34 PARK LANE 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
2014 13 JUN	£260,000	£305,201	15% below HPI
2001 16 MAR	£124,950	£149,883	17% below HPI

34 PARK 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 34 PARK LANE sales from March 2001 and June 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 March 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 34 PARK LANE?

34 PARK LANE is 120m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 34 PARK LANE lies on this distribution: 64% of detached houses are smaller than 34 PARK LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

34 PARK LANE: Plot and Title Map

34 PARK LANE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 34 PARK 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 34 PARK 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 34 PARK LANE?

34 PARK LANE is located in BONEHILL, in the B78 postcode district. The below map shows the position of No. 34 on PARK LANE.