43, PARNELL AVENUE, LICHFIELD, WS13 6NX - £235,000

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.

43 PARNELL AVENUE is a small detached house of 90m², built sometime between 2007 and 2011, which could now be worth an estimated £382,492. It was last sold for £235,000 in July 2014, which was around 25% below the average July 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

43 PARNELL AVENUE Sold Prices

Land registry data shows two sales for 43 PARNELL AVENUE 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 43 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
2014 9 JUL	£235,000	£312,818	25% below HPI
2008 19 MAR	£232,950	£305,346	24% below HPI

43 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 two 43 PARNELL AVENUE sales from March 2008 and July 2014 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 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 43 PARNELL AVENUE be worth now?

43 PARNELL AVENUE might now be worth an estimated £382,492.

This is based on house price inflation of 62.8%, between July 2014 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 62.8% inflationary increase is applied to the most recent sale price for 43 PARNELL AVENUE of £235,000 on 9th July 2014. For the value to have increased from £235,000 to £382,492 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 43 PARNELL AVENUE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The July 2014 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 43 PARNELL AVENUE has not materially changed since July 2014.

How Large is 43 PARNELL AVENUE?

43 PARNELL AVENUE is 90m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lichfield, and where 43 PARNELL AVENUE lies on this distribution: 20% of detached houses houses are smaller than 43 PARNELL AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

43 PARNELL AVENUE: Plot and Title Map

43 PARNELL AVENUE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 43 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 43 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 43 PARNELL AVENUE?

43 PARNELL AVENUE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 43 on PARNELL AVENUE.