48, RAILWAY LANE, BURNTWOOD, WS7 1LT - £282,220

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.

48 RAILWAY LANE is a small detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £304,938. It was last sold for £282,220 in December 2023, which was around 40% below the average December 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

48 RAILWAY LANE Sold Prices

Land registry data shows two sales for 48 RAILWAY 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 48 RAILWAY 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
2023 13 DEC	£282,220	£471,219	40% below HPI
2017 31 JUL	£195,500	£358,097	45% below HPI

48 RAILWAY 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 48 RAILWAY LANE sales from July 2017 and December 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 July 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 48 RAILWAY LANE be worth now?

48 RAILWAY LANE might now be worth an estimated £304,938.

This is based on house price inflation of 8%, between December 2023 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 8% inflationary increase is applied to the most recent sale price for 48 RAILWAY LANE of £282,220 on 13th December 2023. For the value to have increased from £282,220 to £304,938 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 48 RAILWAY LANE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2023 sale price of £282,220 represented a fair market value for the property.
• The size, condition, and specification of 48 RAILWAY LANE has not materially changed since December 2023.

How Large is 48 RAILWAY LANE?

48 RAILWAY LANE is 89m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% 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 48 RAILWAY LANE lies on this distribution: 30% of detached houses houses are smaller than 48 RAILWAY LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

48 RAILWAY LANE: Plot and Title Map

48 RAILWAY LANE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 48 RAILWAY 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 48 RAILWAY 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 48 RAILWAY LANE?

48 RAILWAY LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 48 on RAILWAY LANE.