85, GAIA LANE, LICHFIELD, WS13 7LS - £355,000

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

85 GAIA LANE is a midsized extended detached house of 123m², built sometime between 1900 and 1929. It was last sold for £355,000 in August 2018, which was around 6% below the average August 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

85 GAIA LANE Sold Prices

Land registry data shows four sales for 85 GAIA LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 85 GAIA LANE sales 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
2018 13 AUG	£355,000	£378,840	6% below HPI
2007 19 JUL	£249,950	£296,058	16% below HPI
2004 13 FEB	£198,000	£228,296	13% below HPI
1995 1 SEP	£80,000	£91,362	12% below HPI

85 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 four 85 GAIA LANE sales between September 1995 and August 2018 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 85 GAIA LANE?

85 GAIA LANE is 123m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 85 GAIA LANE lies on this distribution: 54% of detached houses are smaller than 85 GAIA LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

85 GAIA LANE: Plot and Title Map

85 GAIA LANE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 85 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 85 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 85 GAIA LANE?

85 GAIA LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 85 on GAIA LANE.