4, GOUGH LANE, BURNTWOOD, WS7 3RS - £258,000

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

4 GOUGH LANE is a small detached house of 88m². It was last sold for £258,000 in June 2019, which was around 29% below the average June 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

4 GOUGH LANE Sold Prices

Land registry data shows two sales for 4 GOUGH 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 4 GOUGH 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
2019 14 JUN	£258,000	£362,982	29% below HPI
2017 31 MAR	£238,950	£340,000	30% below HPI

4 GOUGH 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 4 GOUGH LANE sales from March 2017 and June 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 March 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 GOUGH LANE?

4 GOUGH LANE is 88m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 4 GOUGH LANE lies on this distribution: 28% of detached houses are smaller than 4 GOUGH LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

4 GOUGH LANE: Plot and Title Map

4 GOUGH LANE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 4 GOUGH 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 4 GOUGH 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 4 GOUGH LANE?

4 GOUGH LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 4 on GOUGH LANE.