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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 GOUGH LANE is a small detached house of 88m², which could now be worth an estimated £353,166. It was last sold for £258,000 in June 2019, which was around 31% 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	£371,952	31% below HPI
2017 31 MAR	£238,950	£348,402	31% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2019 sale, which was also at 31% below the HPI.

What might 4 GOUGH LANE be worth now?

4 GOUGH LANE might now be worth an estimated £353,166.

This is based on house price inflation of 36.9%, between June 2019 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.9% inflationary increase is applied to the most recent sale price for 4 GOUGH LANE of £258,000 on 14th June 2019. For the value to have increased from £258,000 to £353,166 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 4 GOUGH LANE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The June 2019 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GOUGH LANE has not materially changed since June 2019.

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 houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burntwood, and where 4 GOUGH LANE lies on this distribution: 28% of detached houses 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.