2, GORSE LANE, LICHFIELD, WS14 9HQ - £940,000

2 GORSE LANE is a very large detached house of 315m². It was last sold for £940,000 in July 2018, which was around 151% above the average July 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was B.

2 GORSE LANE Sold Prices

Land registry data shows three sales for 2 GORSE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 2 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
2018 27 JUL	£940,000	£374,637	151% above HPI
2011 30 NOV	£520,000	£284,824	83% above HPI
1998 7 DEC	£240,000	£122,010	97% above HPI

2 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 three 2 GORSE LANE sales between December 1998 and July 2018 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 November 2011 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the July 2018 sale, where it rises to 151% above the HPI. The line then continues to track at 151% above the HPI.

How Large is 2 GORSE LANE?

2 GORSE LANE is 315m² according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 2 GORSE LANE lies on this distribution: 99% of detached houses are smaller than 2 GORSE LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

2 GORSE LANE: Plot and Title Map

2 GORSE LANE sits on a plot of roughly 0.273 of an acre, or 1,103m². The below map shows the location of 2 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 2 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 2 GORSE LANE?

2 GORSE LANE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 2 on GORSE LANE.