98, VALLEY LANE, LICHFIELD, WS13 6ST - £335,000

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

98 VALLEY LANE is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £335,000 in March 2014, which was around 12% above the average March 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was E.

98 VALLEY LANE Sold Prices

Land registry data shows four sales for 98 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. Most of the four 98 VALLEY 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
2014 14 MAR	£335,000	£297,948	12% above HPI
2010 26 JUL	£345,000	£277,952	24% above HPI
2007 25 SEP	£325,000	£292,407	11% above HPI
1996 19 APR	£85,000	£93,140	9% below HPI

98 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 98 VALLEY LANE sales between April 1996 and March 2014 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 2010 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2014 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 98 VALLEY LANE?

98 VALLEY LANE is 140m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the largest 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 98 VALLEY LANE lies on this distribution: 69% of detached houses are smaller than 98 VALLEY LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

98 VALLEY LANE: Plot and Title Map

98 VALLEY LANE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 98 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 98 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 98 VALLEY LANE?

98 VALLEY LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 98 on VALLEY LANE.