59, COMMON LANE, FRADLEY, LICHFIELD, WS13 8TG - £360,001

59 COMMON LANE is a small detached house of 117m², built sometime between 2003 and 2006. It was last sold for £360,001 in April 2019, which was around 2% below the average April 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

59 COMMON LANE Sold Prices

Land registry data shows four sales for 59 COMMON 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. two of the four 59 COMMON LANE sales were for below the average price, and four 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
2019 15 APR	£360,001	£366,479	2% below HPI
2013 3 MAY	£265,000	£278,983	5% below HPI
2003 18 JUN	£260,000	£213,568	22% above HPI
2003 21 JAN	£287,000	£200,373	43% above HPI

59 COMMON 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 59 COMMON LANE sales between January 2003 and April 2019 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 May 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 59 COMMON LANE?

59 COMMON LANE is 117m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley South, and where 59 COMMON LANE lies on this distribution: 35% of detached houses are smaller than 59 COMMON LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

59 COMMON LANE: Plot and Title Map

59 COMMON LANE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 59 COMMON 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 59 COMMON 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 59 COMMON LANE?

59 COMMON LANE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 59 on COMMON LANE.