54, STATFOLD LANE, FRADLEY, LICHFIELD, WS13 8NY - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

54 STATFOLD LANE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £215,000 in September 2009, which was around 17% below the average September 2009 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

54 STATFOLD LANE Sold Prices

Land registry data shows two sales for 54 STATFOLD 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 54 STATFOLD 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
2009 30 SEP	£215,000	£258,778	17% below HPI
2001 11 APR	£119,000	£150,994	21% below HPI

54 STATFOLD 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 54 STATFOLD LANE sales from April 2001 and September 2009 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 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2009 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 54 STATFOLD LANE?

54 STATFOLD LANE is 71m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley, and where 54 STATFOLD LANE lies on this distribution: Less than 1% of detached houses are smaller than 54 STATFOLD LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Fradley.

54 STATFOLD LANE: Plot and Title Map

54 STATFOLD LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 54 STATFOLD 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 54 STATFOLD 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 54 STATFOLD LANE?

54 STATFOLD LANE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 54 on STATFOLD LANE.