38, VALLEY LANE, LICHFIELD, WS13 6SU - £205,000

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

38 VALLEY LANE is a very small extended detached house of 75m², built sometime between 1976 and 1982. It was last sold for £205,000 in November 2014, which was around 36% below the average November 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

38 VALLEY LANE Sold Prices

Land registry data shows three sales for 38 VALLEY LANE since 1^st 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 38 VALLEY 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 28 NOV	£205,000	£319,844	36% below HPI
2010 19 NOV	£149,950	£292,726	49% below HPI
1997 31 JUL	£58,000	£105,997	45% below HPI

38 VALLEY 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 three 38 VALLEY LANE sales between July 1997 and November 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 November 2010 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 38 VALLEY LANE?

38 VALLEY LANE is 75m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 38 VALLEY LANE lies on this distribution: 8% of detached houses are smaller than 38 VALLEY LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

38 VALLEY LANE: Plot and Title Map

38 VALLEY LANE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 38 VALLEY 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 38 VALLEY 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 38 VALLEY LANE?

38 VALLEY LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 38 on VALLEY LANE.