40, BORROWCOP LANE, LICHFIELD, WS14 9DG - £500,000

40 BORROWCOP LANE is a very large extended detached house of 194m², built sometime between 1950 and 1966. It was last sold for £500,000 in May 2013, which was around 79% above the average May 2013 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

40 BORROWCOP LANE Sold Prices

Land registry data shows three sales for 40 BORROWCOP 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 40 BORROWCOP 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
2013 17 MAY	£500,000	£278,983	79% above HPI
2007 7 DEC	£399,950	£304,795	31% above HPI
1995 24 MAR	£172,000	£93,652	84% above HPI

40 BORROWCOP 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 40 BORROWCOP LANE sales between March 1995 and May 2013 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 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2013 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 40 BORROWCOP LANE?

40 BORROWCOP LANE is 194m², which includes one extension, according to the EPC inspection conducted in February 2013. 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 40 BORROWCOP LANE lies on this distribution: 91% of detached houses are smaller than 40 BORROWCOP LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

40 BORROWCOP LANE: Plot and Title Map

40 BORROWCOP LANE sits on a plot of roughly 0.295 of an acre, or 1,192m². The below map shows the location of 40 BORROWCOP 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 40 BORROWCOP 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 40 BORROWCOP LANE?

40 BORROWCOP LANE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 40 on BORROWCOP LANE.