6, MARTLIN LANE, COLTON, RUGELEY, WS15 3LH - £445,000

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

6 MARTLIN LANE is a midsized detached house of 140m². It was last sold for £445,000 in May 2018, which was around 22% above the average May 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was B.

6 MARTLIN LANE Sold Prices

Land registry data shows three sales for 6 MARTLIN 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. All of the three 6 MARTLIN LANE sales 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
2018 9 MAY	£445,000	£366,129	22% above HPI
2015 29 MAY	£405,000	£321,561	26% above HPI
2013 9 DEC	£399,950	£288,173	39% above HPI

6 MARTLIN 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 6 MARTLIN LANE sales between December 2013 and May 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 May 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2018 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 6 MARTLIN LANE?

6 MARTLIN LANE is 140m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses in Colton, based on EPC data. The below chart shows the distribution of detached houses by size in Colton, and where 6 MARTLIN LANE lies on this distribution: 46% of detached houses are smaller than 6 MARTLIN LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Colton.

6 MARTLIN LANE: Plot and Title Map

6 MARTLIN LANE sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of 6 MARTLIN 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 6 MARTLIN 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 6 MARTLIN LANE?

6 MARTLIN LANE is located in COLTON, in the WS15 postcode district. The below map shows the position of No. 6 on MARTLIN LANE.