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
3B FOX LANE is a very small extended detached house of 87m², built sometime before 1900. It was last sold for £340,000 in February 2024, which was around 27% below the average February 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3B FOX 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 3B FOX 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 |
---|---|---|---|
2024 5 FEB | £340,000 | £463,959 | 27% below HPI |
2011 21 OCT | £203,000 | £284,638 | 29% below HPI |
2001 30 MAR | £142,000 | £149,883 | 5% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 3B FOX LANE sales between March 2001 and February 2024 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 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
3B FOX LANE is 87m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Alrewas, based on EPC data. The below chart shows the distribution of detached houses by size in Alrewas, and where 3B FOX LANE lies on this distribution: 19% of detached houses are smaller than 3B FOX LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Alrewas.
3B FOX LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 3B FOX 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 3B FOX 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.
3B FOX LANE is located in ALREWAS, in the DE13 postcode district. The below map shows the position of No. 3B on FOX LANE.