73, PARK LANE, BONEHILL, TAMWORTH, B78 3HZ - £310,000

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

73 PARK LANE is a very large extended detached house of 225m², built sometime between 1930 and 1949. It was last sold for £310,000 in September 2006, which was around 10% above the average September 2006 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

73 PARK LANE Sold Prices

Land registry data shows two sales for 73 PARK 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. One of the two 73 PARK LANE sales was for above the average price, whilst the other was 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
2006 20 SEP	£310,000	£282,949	10% above HPI
1996 28 JUN	£87,500	£95,435	8% below HPI

73 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 two 73 PARK LANE sales from June 1996 and September 2006 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 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2006 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 73 PARK LANE?

73 PARK LANE is 225m², which includes two extensions, according to the EPC inspection conducted in September 2023. 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 73 PARK LANE lies on this distribution: 96% of detached houses are smaller than 73 PARK LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

73 PARK LANE: Plot and Title Map

73 PARK LANE sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 73 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 73 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 73 PARK LANE?

73 PARK LANE is located in BONEHILL, in the B78 postcode district. The below map shows the position of No. 73 on PARK LANE.