40, CHURCH LANE, FRADLEY, LICHFIELD, WS13 8NP - £250,000

40 CHURCH LANE is a very small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2014, which was around 18% below the average May 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

40 CHURCH LANE Sold Prices

Land registry data shows three sales for 40 CHURCH 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 CHURCH LANE sales were for below 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 16 MAY	£250,000	£303,862	18% below HPI
2007 10 DEC	£235,000	£304,795	23% below HPI
1995 12 MAY	£86,000	£92,035	7% below HPI

40 CHURCH 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 CHURCH LANE sales between May 1995 and May 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 December 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 40 CHURCH LANE?

40 CHURCH LANE is 97m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley, and where 40 CHURCH LANE lies on this distribution: 18% of detached houses are smaller than 40 CHURCH LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Fradley.

40 CHURCH LANE: Plot and Title Map

40 CHURCH LANE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 40 CHURCH 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 CHURCH 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 CHURCH LANE?

40 CHURCH LANE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 40 on CHURCH LANE.