74, GAIA LANE, LICHFIELD, WS13 7LR - £550,000

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

74 GAIA LANE is a large detached house of 162m², built sometime between 1976 and 1982. It was last sold for £550,000 in July 2012, which was around 100% above the average July 2012 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

74 GAIA LANE Sold Prices

Land registry data shows two sales for 74 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 74 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
2012 16 JUL	£550,000	£275,599	100% above HPI
2010 6 DEC	£525,000	£291,154	80% above HPI

74 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 74 GAIA LANE sales from December 2010 and July 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 December 2010 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the July 2012 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is 74 GAIA LANE?

74 GAIA LANE is 162m² according to the EPC inspection conducted in September 2011. This puts it in the largest 30% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 74 GAIA LANE lies on this distribution: 80% of detached houses are smaller than 74 GAIA LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

74 GAIA LANE: Plot and Title Map

74 GAIA LANE sits on a plot of roughly 0.210 of an acre, or 848m². The below map shows the location of 74 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 74 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 74 GAIA LANE?

74 GAIA LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 74 on GAIA LANE.