16, GORSE LANE, LICHFIELD, WS14 9HQ - £475,000

16 GORSE LANE is a large extended detached house of 156m², built sometime between 1967 and 1975. It was last sold for £475,000 in December 2020, which was around 17% above the average December 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

16 GORSE LANE Sold Prices

Land registry data shows four sales for 16 GORSE 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 16 GORSE 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
2020 3 DEC	£475,000	£405,420	17% above HPI
2016 24 MAR	£460,000	£322,296	43% above HPI
2002 14 AUG	£220,000	£183,622	20% above HPI
1998 26 AUG	£134,000	£123,968	8% above HPI

16 GORSE 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 16 GORSE LANE sales between August 1998 and December 2020 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 March 2016 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2020 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 16 GORSE LANE?

16 GORSE LANE is 156m², which includes three extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 16 GORSE LANE lies on this distribution: 77% of detached houses are smaller than 16 GORSE LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

16 GORSE LANE: Plot and Title Map

16 GORSE LANE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 16 GORSE 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 16 GORSE 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 16 GORSE LANE?

16 GORSE LANE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 16 on GORSE LANE.