WATERS EDGE, PARK LANE, BONEHILL, TAMWORTH, B78 3HY - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WATERS EDGE is a midsized extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £400,000 in March 2012, which was around 43% above the average March 2012 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was E.

WATERS EDGE Sold Prices

Land registry data shows two sales for WATERS EDGE 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 WATERS EDGE 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 30 MAR	£400,000	£280,577	43% above HPI
2009 3 DEC	£380,000	£272,407	39% above HPI

WATERS EDGE 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 WATERS EDGE sales from December 2009 and March 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 2009 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2012 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is WATERS EDGE?

WATERS EDGE is 104m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where WATERS EDGE lies on this distribution: 40% of detached houses are smaller than WATERS EDGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

WATERS EDGE: Plot and Title Map

WATERS EDGE sits on a plot of roughly 0.873 of an acre, or 3,534m². The below map shows the location of WATERS EDGE, 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 WATERS EDGE). 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 WATERS EDGE?

WATERS EDGE is located on PARK LANE in BONEHILL, in the B78 postcode district. The below map shows the position of WATERS EDGE on PARK LANE.