60, PARK LANE, BONEHILL, TAMWORTH, B78 3HZ - £329,950

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

60 PARK LANE is a very large detached house of 250m², built sometime between 1900 and 1929. It was last sold for £329,950 in March 2012, which was around 18% above the average March 2012 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

60 PARK LANE Sold Prices

Land registry data shows three sales for 60 PARK 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 60 PARK 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
2012 2 MAR	£329,950	£280,577	18% above HPI
2009 19 JUN	£304,000	£250,515	21% above HPI
1998 4 AUG	£148,500	£123,968	20% above HPI

60 PARK 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 60 PARK LANE sales between August 1998 and March 2012 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 June 2009 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2012 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 60 PARK LANE?

60 PARK LANE is 250m² according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 60 PARK LANE lies on this distribution: 98% of detached houses are smaller than 60 PARK LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

60 PARK LANE: Plot and Title Map

60 PARK LANE sits on a plot of roughly 0.268 of an acre, or 1,084m². The below map shows the location of 60 PARK 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 60 PARK 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 60 PARK LANE?

60 PARK LANE is located in BONEHILL, in the B78 postcode district. The below map shows the position of No. 60 on PARK LANE.