Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 3, Gorse Lane, Lichfield is a modern freehold house with 3,648 ft2 of internal area and sits on a 1,013 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Gorse Lane, Lichfield is £1,162,530 and the estimated rental value is £3,931 per month.
Gorse Lane, Lichfield, WS14 is located in the borough of Lichfield within the WS14 postal district.
3, Gorse Lane, Lichfield has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated December 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Gorse Lane, Lichfield is in very good condition we estimate a sale value of £1,220,656 and a rental value of £4,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,081,152 and a rental value of £3,655 per month.
Over the last 12 months the sale value of 3 Gorse Lane Lichfield has decreased by an estimated £21,886 (1.9%) and its rental value has increased by an estimated £82 per month (2.1%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 3, Gorse Lane, Lichfield sits on a plot of 1013m2.
We have plot size data on 9 out of 13 other houses in the postcode and 3, Gorse Lane, Lichfield sits on the 5th largest plot.
3, Gorse Lane, Lichfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to HM Land Registry, 3, Gorse Lane, Lichfield was last sold on 11th January 2018 for £935,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2018, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Gorse Lane, Lichfield within a radius of 790 metres over the last 2 years.
The most recent example is Bardon House, Borrowcop Lane, Lichfield, WS14 9DF, a freehold house which sold for £1,150,000 on the 2nd September 2021.
Read more about house prices in WS14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorse Lane, Lichfield, WS14 has a total of 13 addresses. According to our analysis of all the public data, 3, Gorse Lane, Lichfield is the largest and the most expensive property on the street.
When compared to the postcode district it is £733k more expensive than the average property in WS14.
The closest station to 3, Gorse Lane, Lichfield is Lichfield City station which is 1.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Gorse Lane, Lichfield, 60.3% of property is privately owned outright and 37.4% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Gorse Lane, Lichfield, 19.9% of residents are recorded as possessing school level qualifications and 60.4% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Gorse Lane, Lichfield, the average age was 47.2 and the most common age was 72.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Gorse Lane, Lichfield, 1.8% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Gorse Lane, Lichfield, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
