62, GRANGE LANE, LICHFIELD, WS13 7EE - £460,000

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

62 GRANGE LANE is a very large detached house of 197m², built sometime between 1983 and 1990. It was last sold for £460,000 in May 2021, which was around 13% above the average May 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

62 GRANGE LANE Sold Prices

Land registry data shows three sales for 62 GRANGE 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 62 GRANGE 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
2021 27 MAY	£460,000	£407,390	13% above HPI
2001 17 OCT	£195,000	£159,657	22% above HPI
2000 14 JAN	£180,000	£127,863	41% above HPI

62 GRANGE 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 62 GRANGE LANE sales between January 2000 and May 2021 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 October 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 62 GRANGE LANE?

62 GRANGE LANE is 197m² according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 62 GRANGE LANE lies on this distribution: 92% of detached houses are smaller than 62 GRANGE LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

62 GRANGE LANE: Plot and Title Map

62 GRANGE LANE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 62 GRANGE 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 62 GRANGE 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 62 GRANGE LANE?

62 GRANGE LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 62 on GRANGE LANE.