WILLOW LODGE, MARSH LANE, LICHFIELD, WS14 9EH - £230,000

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

WILLOW LODGE is a large detached house of 131m², built sometime between 1976 and 1982. It was last sold for £230,000 in February 2014, which was around 23% below the average February 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

WILLOW LODGE Sold Prices

Land registry data shows two sales for WILLOW LODGE 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. One of the two WILLOW LODGE sales was for below the average price, whilst the other was 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 FEB	£230,000	£297,539	23% below HPI
2001 28 SEP	£285,000	£158,068	80% above HPI

WILLOW LODGE 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 WILLOW LODGE sales from September 2001 and February 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 September 2001 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the February 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is WILLOW LODGE?

WILLOW LODGE is 131m² according to the EPC inspection conducted in April 2012. 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 WILLOW LODGE lies on this distribution: 62% of detached houses are smaller than WILLOW LODGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

WILLOW LODGE: Plot and Title Map

WILLOW LODGE sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of WILLOW LODGE, 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 WILLOW LODGE). 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 WILLOW LODGE?

WILLOW LODGE is located on MARSH LANE in LICHFIELD, in the WS14 postcode district. The below map shows the position of WILLOW LODGE on MARSH LANE.