88, VALLEY LANE, LICHFIELD, WS13 6ST - £345,000

88 VALLEY LANE is a midsized extended detached house of 125m², built sometime between 1976 and 1982. It was last sold for £345,000 in November 2018, which was around 10% below the average November 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

88 VALLEY LANE Sold Prices

Land registry data shows three sales for 88 VALLEY 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 88 VALLEY 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 12 NOV	£345,000	£385,074	10% below HPI
2009 11 DEC	£236,000	£272,407	13% below HPI
2005 16 DEC	£230,000	£268,532	14% below HPI

88 VALLEY 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 88 VALLEY LANE sales between December 2005 and November 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 December 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 88 VALLEY LANE?

88 VALLEY LANE is 125m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 88 VALLEY LANE lies on this distribution: 56% of detached houses are smaller than 88 VALLEY LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

88 VALLEY LANE: Plot and Title Map

88 VALLEY LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 88 VALLEY 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 88 VALLEY 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 88 VALLEY LANE?

88 VALLEY LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 88 on VALLEY LANE.