59, COMMON LANE, FRADLEY, LICHFIELD, WS13 8TG - £360,001

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 COMMON LANE is a small detached house of 117m², built sometime between 2003 and 2006, which could now be worth an estimated £488,089. It was last sold for £360,001 in April 2019, which was around 4% below the average April 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

59 COMMON LANE Sold Prices

Land registry data shows four sales for 59 COMMON LANE 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. two of the four 59 COMMON LANE sales were for below the average price, and four were for above 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 15 APR	£360,001	£375,536	4% below HPI
2013 3 MAY	£265,000	£285,877	7% below HPI
2003 18 JUN	£260,000	£218,846	19% above HPI
2003 21 JAN	£287,000	£205,325	40% above HPI

59 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 four 59 COMMON LANE sales between January 2003 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 May 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 59 COMMON LANE be worth now?

59 COMMON LANE might now be worth an estimated £488,089.

This is based on house price inflation of 35.6%, between April 2019 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.6% inflationary increase is applied to the most recent sale price for 59 COMMON LANE of £360,001 on 15th April 2019. For the value to have increased from £360,001 to £488,089 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 59 COMMON LANE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The April 2019 sale price of £360,001 represented a fair market value for the property.
• The size, condition, and specification of 59 COMMON LANE has not materially changed since April 2019.

How Large is 59 COMMON LANE?

59 COMMON LANE is 117m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fradley South, and where 59 COMMON LANE lies on this distribution: 34% of detached houses houses are smaller than 59 COMMON LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

59 COMMON LANE: Plot and Title Map

59 COMMON LANE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 59 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 59 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 59 COMMON LANE?

59 COMMON LANE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 59 on COMMON LANE.