7, PARK LANE, BONEHILL, TAMWORTH, B78 3HY - £209,000

7 PARK LANE is a large extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £209,000 in January 2013, which was around 23% below the average January 2013 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2012, where the current energy rating was G, and the potential energy rating was B.

7 PARK LANE Sold Prices

Land registry data shows two sales for 7 PARK 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 7 PARK 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
2013 23 JAN	£209,000	£273,164	23% below HPI
2003 14 FEB	£147,000	£202,471	27% below HPI

7 PARK 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 7 PARK LANE sales from February 2003 and January 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 February 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 PARK LANE?

7 PARK LANE is 136m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 7 PARK LANE lies on this distribution: 77% of detached houses are smaller than 7 PARK LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

7 PARK LANE: Plot and Title Map

7 PARK LANE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 7 PARK 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 7 PARK 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 7 PARK LANE?

7 PARK LANE is located in BONEHILL, in the B78 postcode district. The below map shows the position of No. 7 on PARK LANE.