39, PARNELL AVENUE, LICHFIELD, WS13 6NX - £375,000

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 PARNELL AVENUE is a very small detached house of 77m², built sometime from 2007 onwards. It was last sold for £375,000 in May 2023, which was around 17% below the average May 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

39 PARNELL AVENUE Sold Prices

Land registry data shows three sales for 39 PARNELL AVENUE 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 39 PARNELL AVENUE 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
2023 19 MAY	£375,000	£453,297	17% below HPI
2016 15 JAN	£279,950	£322,587	13% below HPI
2008 31 JUL	£209,950	£285,770	27% below HPI

39 PARNELL AVENUE 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 39 PARNELL AVENUE sales between July 2008 and May 2023 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 January 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 39 PARNELL AVENUE?

39 PARNELL AVENUE is 77m² according to the EPC inspection conducted in August 2015. 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 39 PARNELL AVENUE lies on this distribution: 9% of detached houses are smaller than 39 PARNELL AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

39 PARNELL AVENUE: Plot and Title Map

39 PARNELL AVENUE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 39 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 39 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 39 PARNELL AVENUE?

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