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
93 SCHOOL LANE is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £185,000 in September 2012, which was around 35% below the average September 2012 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 93 SCHOOL LANE since 1st 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. All of the three 93 SCHOOL 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 |
---|---|---|---|
2012 28 SEP | £185,000 | £283,990 | 35% below HPI |
1998 30 JAN | £74,000 | £112,197 | 34% below HPI |
1995 26 JUN | £67,295 | £93,352 | 28% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 93 SCHOOL LANE sales between June 1995 and September 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 January 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
93 SCHOOL LANE is 94m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 93 SCHOOL LANE lies on this distribution: 36% of detached houses are smaller than 93 SCHOOL LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Burntwood.
93 SCHOOL LANE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 93 SCHOOL 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 93 SCHOOL 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.
93 SCHOOL LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 93 on SCHOOL LANE.