36, PARK LANE, BONEHILL, TAMWORTH, B78 3HZ - £114,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

36 PARK LANE is a small semi-detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £400,224. It was last sold for £114,000 in May 2001, which was around 30% above the average May 2001 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

36 PARK LANE Sold Prices

Land registry data shows two sales for 36 PARK LANE 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 36 PARK 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
2001 2 MAY	£114,000	£87,987	30% above HPI
1997 17 OCT	£67,000	£61,717	9% above HPI

36 PARK LANE 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 36 PARK LANE sales from October 1997 and May 2001 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 October 1997 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2001 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 36 PARK LANE be worth now?

36 PARK LANE might now be worth an estimated £400,224.

This is based on house price inflation of 251.1%, between May 2001 and December 2024, 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 251.1% inflationary increase is applied to the most recent sale price for 36 PARK LANE of £114,000 on 2nd May 2001. For the value to have increased from £114,000 to £400,224 over the 22 years and five months to December 2024, the following assumptions must hold true:

• The value of 36 PARK LANE has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The May 2001 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 36 PARK LANE has not materially changed since May 2001.

How Large is 36 PARK LANE?

36 PARK LANE is 90m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of semi-detached houses houses in Fazeley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fazeley, and where 36 PARK LANE lies on this distribution: 23% of semi-detached houses houses are smaller than 36 PARK LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

36 PARK LANE: Plot and Title Map

36 PARK LANE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 36 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 36 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 36 PARK LANE?

36 PARK LANE is located in BONEHILL, in the B78 postcode district. The below map shows the position of No. 36 on PARK LANE.