60, SCHOOL LANE, BURNTWOOD, WS7 1LD - £300,000

60 SCHOOL LANE is a midsized extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £300,000 in June 2018, which was around 20% below the average June 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

60 SCHOOL LANE Sold Prices

Land registry data shows two sales for 60 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 60 SCHOOL 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
2018 1 JUN	£300,000	£373,912	20% below HPI
2015 29 JUN	£166,000	£330,428	50% below HPI

60 SCHOOL 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 two 60 SCHOOL LANE sales from June 2015 and June 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 June 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 60 SCHOOL LANE?

60 SCHOOL LANE is 105m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 60 SCHOOL LANE lies on this distribution: 47% of detached houses are smaller than 60 SCHOOL LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

60 SCHOOL LANE: Plot and Title Map

60 SCHOOL LANE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 60 SCHOOL 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 60 SCHOOL 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 60 SCHOOL LANE?

60 SCHOOL LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 60 on SCHOOL LANE.