34, PARNELL AVENUE, LICHFIELD, WS13 6NX - £227,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 PARNELL AVENUE is a very small semi-detached house of 66m², built sometime between 2003 and 2006, which could now be worth an estimated £342,449. It was last sold for £227,500 in May 2017, which was around 12% above the average May 2017 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

34 PARNELL AVENUE Sold Prices

Land registry data shows two sales for 34 PARNELL AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 34 PARNELL AVENUE 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
2017 12 MAY	£227,500	£202,545	12% above HPI
2004 10 JUN	£178,000	£146,238	22% above HPI

34 PARNELL AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 34 PARNELL AVENUE sales from June 2004 and May 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 June 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2017 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 34 PARNELL AVENUE be worth now?

34 PARNELL AVENUE might now be worth an estimated £342,449.

This is based on house price inflation of 50.5%, between May 2017 and February 2025, for semi-detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.5% inflationary increase is applied to the most recent sale price for 34 PARNELL AVENUE of £227,500 on 12th May 2017. For the value to have increased from £227,500 to £342,449 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 34 PARNELL AVENUE has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The May 2017 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 34 PARNELL AVENUE has not materially changed since May 2017.

How Large is 34 PARNELL AVENUE?

34 PARNELL AVENUE is 66m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of semi-detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lichfield, and where 34 PARNELL AVENUE lies on this distribution: 4% of semi-detached houses houses are smaller than 34 PARNELL AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

34 PARNELL AVENUE: Plot and Title Map

34 PARNELL AVENUE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 34 PARNELL 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 34 PARNELL 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 34 PARNELL AVENUE?

34 PARNELL AVENUE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 34 on PARNELL AVENUE.