73, GAIA LANE, LICHFIELD, WS13 7LS - £824,500

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

73 GAIA LANE is a very large extended detached house of 172m², built sometime between 1976 and 1982. It was last sold for £824,500 in September 2022, which was around 77% above the average September 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

73 GAIA LANE Sold Prices

Land registry data shows two sales for 73 GAIA LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 73 GAIA 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
2022 20 SEP	£824,500	£465,340	77% above HPI
2007 30 MAR	£490,000	£282,578	73% above HPI

73 GAIA 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 two 73 GAIA LANE sales from March 2007 and September 2022 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 March 2007 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the September 2022 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 73 GAIA LANE?

73 GAIA LANE is 172m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 73 GAIA LANE lies on this distribution: 84% of detached houses are smaller than 73 GAIA LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

73 GAIA LANE: Plot and Title Map

73 GAIA LANE sits on a plot of roughly 0.261 of an acre, or 1,056m². The below map shows the location of 73 GAIA 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 73 GAIA 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 73 GAIA LANE?

73 GAIA LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 73 on GAIA LANE.