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
35 SCHOOL LANE is a midsized detached house of 129m². It was last sold for £435,000 in November 2021, which was around 1% above the average November 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 35 SCHOOL LANE 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 35 SCHOOL LANE 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 |
---|---|---|---|
2021 8 NOV | £435,000 | £431,446 | 1% above HPI |
2019 22 AUG | £375,000 | £369,468 | 1% above HPI |
2018 17 JUL | £600,000 | £374,637 | 60% 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 35 SCHOOL LANE sales between July 2018 and November 2021 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 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2021 sale, which was also at 1% above the HPI.
35 SCHOOL LANE is 129m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% 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 35 SCHOOL LANE lies on this distribution: 48% of detached houses are smaller than 35 SCHOOL LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.
35 SCHOOL LANE sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 35 SCHOOL 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 35 SCHOOL 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.
35 SCHOOL LANE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 35 on SCHOOL LANE.