39, GAIA LANE, LICHFIELD, WS13 7LW - £645,000

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

39 GAIA LANE is a very large detached house of 169m², built sometime between 1976 and 1982. It was last sold for £645,000 in October 2019, which was around 72% above the average October 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

39 GAIA LANE Sold Prices

Land registry data shows two sales for 39 GAIA 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 39 GAIA 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
2019 18 OCT	£645,000	£375,693	72% above HPI
2004 10 SEP	£355,000	£258,586	37% above HPI

39 GAIA 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 39 GAIA LANE sales from September 2004 and October 2019 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 September 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2019 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 39 GAIA LANE?

39 GAIA LANE is 169m² according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 39 GAIA LANE lies on this distribution: 82% of detached houses are smaller than 39 GAIA LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

39 GAIA LANE: Plot and Title Map

39 GAIA LANE sits on a plot of roughly 0.284 of an acre, or 1,148m². The below map shows the location of 39 GAIA 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 39 GAIA 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 39 GAIA LANE?

39 GAIA LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 39 on GAIA LANE.