7, WEMBLEY LANE, BURNTWOOD, WS7 1FL - £420,000

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

7 WEMBLEY LANE is a very large extended detached house of 170m², built sometime between 1996 and 2002. It was last sold for £420,000 in December 2020, which was around 4% above the average December 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

7 WEMBLEY LANE Sold Prices

Land registry data shows three sales for 7 WEMBLEY 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. One of the three 7 WEMBLEY LANE sales was for above the average price, whilst two 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
2020 11 DEC	£420,000	£405,420	4% above HPI
2015 24 JUL	£315,000	£326,071	3% below HPI
2000 25 FEB	£129,000	£129,673	1% below HPI

7 WEMBLEY 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 7 WEMBLEY LANE sales between February 2000 and December 2020 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 July 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 7 WEMBLEY LANE?

7 WEMBLEY LANE is 170m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 7 WEMBLEY LANE lies on this distribution: 93% of detached houses are smaller than 7 WEMBLEY LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

7 WEMBLEY LANE: Plot and Title Map

7 WEMBLEY LANE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 7 WEMBLEY 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 7 WEMBLEY 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 7 WEMBLEY LANE?

7 WEMBLEY LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 7 on WEMBLEY LANE.