48, SCHOOL LANE, BURNTWOOD, WS7 1LD - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 SCHOOL LANE is a large extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £250,000 in December 2018, which was around 35% below the average December 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

48 SCHOOL LANE Sold Prices

Land registry data shows three sales for 48 SCHOOL LANE since 1^st 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 48 SCHOOL 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
2018 10 DEC	£250,000	£382,668	35% below HPI
2007 22 OCT	£210,000	£291,046	28% below HPI
2000 12 MAY	£88,000	£133,912	34% below HPI

48 SCHOOL 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 three 48 SCHOOL LANE sales between May 2000 and December 2018 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 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 48 SCHOOL LANE?

48 SCHOOL LANE is 118m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 48 SCHOOL LANE lies on this distribution: 63% of detached houses are smaller than 48 SCHOOL LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

48 SCHOOL LANE: Plot and Title Map

48 SCHOOL LANE sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 48 SCHOOL 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 SCHOOL 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 SCHOOL LANE?

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