46A, WHEEL LANE, LICHFIELD, WS13 7EA - £50,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

46A WHEEL LANE is a very small terraced house of 44m², built sometime between 1967 and 1975, which could now be worth an estimated £90,756. It was last sold for £50,000 in May 2010, which was around 64% below the average May 2010 terraced price in the Lichfield local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

46A WHEEL LANE Sold Prices

Land registry data shows one sale for 46A WHEEL LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 20 MAY	£50,000	£138,009	64% below HPI

What might 46A WHEEL LANE be worth now?

46A WHEEL LANE might now be worth an estimated £90,756.

This is based on house price inflation of 81.5%, between May 2010 and May 2026, for terraced houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.5% inflationary increase is applied to the most recent sale price for 46A WHEEL LANE of £50,000 on 20th May 2010. For the value to have increased from £50,000 to £90,756 over the sixteen years to May 2026, the following assumptions must hold true:

• The value of 46A WHEEL LANE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The May 2010 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 46A WHEEL LANE has not materially changed since May 2010.

How Large is 46A WHEEL LANE?

46A WHEEL LANE is 44m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of terraced houses in Lichfield, based on EPC data. The below chart shows the distribution of terraced houses by size in Lichfield, and where 46A WHEEL LANE lies on this distribution: 3% of terraced houses are smaller than 46A WHEEL LANE, and 97% of terraced houses are larger. Note that EPC data is not available for all properties in Lichfield.

46A WHEEL LANE: Plot

46A WHEEL LANE sits on a plot of roughly 0.025 of an acre, or 102m².

Where is 46A WHEEL LANE?

46A WHEEL LANE is located in LICHFIELD, in the WS13 postcode district.