5, MILNE AVENUE, LICHFIELD, WS13 8SQ - £180,000

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

5 MILNE AVENUE is a very small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £180,000 in June 2007, which was around 38% below the average June 2007 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

5 MILNE AVENUE Sold Prices

Land registry data shows four sales for 5 MILNE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 5 MILNE 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
2007 29 JUN	£180,000	£292,626	38% below HPI
2004 16 APR	£160,000	£232,535	31% below HPI
1999 12 JUL	£85,000	£122,793	31% below HPI
1997 11 JUL	£77,950	£105,997	26% below HPI

5 MILNE 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 four 5 MILNE AVENUE sales between July 1997 and June 2007 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 April 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2007 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 MILNE AVENUE?

5 MILNE AVENUE is 94m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley South, and where 5 MILNE AVENUE lies on this distribution: 17% of detached houses are smaller than 5 MILNE AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

5 MILNE AVENUE: Plot and Title Map

5 MILNE AVENUE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 5 MILNE 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 5 MILNE 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 5 MILNE AVENUE?

5 MILNE AVENUE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 5 on MILNE AVENUE.