97, VALLEY LANE, LICHFIELD, WS13 6ST - £310,000

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

97 VALLEY LANE is a small semi-detached house of 97m², built sometime between 1930 and 1949. It was last sold for £310,000 in September 2015, which was around 5% below the average September 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

97 VALLEY LANE Sold Prices

Land registry data shows four sales for 97 VALLEY 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 97 VALLEY 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
2015 18 SEP	£310,000	£327,791	5% below HPI
2011 15 APR	£233,500	£271,700	14% below HPI
1998 29 JAN	£86,000	£112,197	23% below HPI
1997 7 MAR	£75,000	£99,997	25% below HPI

97 VALLEY 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 97 VALLEY LANE sales between March 1997 and September 2015 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 April 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 97 VALLEY LANE?

97 VALLEY LANE is 97m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 40% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 97 VALLEY LANE lies on this distribution: 30% of detached houses are smaller than 97 VALLEY LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

97 VALLEY LANE: Plot and Title Map

97 VALLEY LANE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 97 VALLEY 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 97 VALLEY 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 97 VALLEY LANE?

97 VALLEY LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 97 on VALLEY LANE.