51, THE PINES, LICHFIELD, WS14 9XA - £345,000

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

51 THE PINES is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £345,000 in August 2018, which was around 9% below the average August 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

51 THE PINES Sold Prices

Land registry data shows two sales for 51 THE PINES 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 51 THE PINES 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 20 AUG	£345,000	£378,840	9% below HPI
2005 23 AUG	£250,000	£271,323	8% below HPI

51 THE PINES 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 51 THE PINES sales from August 2005 and August 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 August 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 51 THE PINES?

51 THE PINES is 90m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 51 THE PINES lies on this distribution: 21% of detached houses are smaller than 51 THE PINES, and 79% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

51 THE PINES: Plot and Title Map

51 THE PINES sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 51 THE PINES, 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 51 THE PINES). 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 51 THE PINES?

51 THE PINES is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 51 on THE PINES.