52, COMMON LANE, FRADLEY, LICHFIELD, WS13 8TG - £365,000

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

52 COMMON LANE is a very large detached house of 197m², built sometime between 2003 and 2006. It was last sold for £365,000 in April 2019, which was about the average April 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

52 COMMON LANE Sold Prices

Land registry data shows three sales for 52 COMMON 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. The three 52 COMMON LANE sales were a mix of roughly equal to the average price, above the average price, and 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
2019 26 APR	£365,000	£366,479	Close to HPI
2016 25 NOV	£330,000	£348,836	5% below HPI
2004 26 AUG	£276,401	£252,661	9% above HPI

52 COMMON 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 52 COMMON LANE sales between August 2004 and April 2019 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 November 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 52 COMMON LANE?

52 COMMON LANE is 197m² according to the EPC inspection conducted in September 2016. This puts it in the largest 10% 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 52 COMMON LANE lies on this distribution: 94% of detached houses are smaller than 52 COMMON LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

52 COMMON LANE: Plot and Title Map

52 COMMON LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 52 COMMON 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 52 COMMON 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 52 COMMON LANE?

52 COMMON LANE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 52 on COMMON LANE.