3, Park Lane
3, Park Lane
Description & Estimates
3, Park Lane, Lichfield is described in the public record as a period house with 839 ft2 of internal area, sitting on a 392 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Park Lane, Lichfield is £248,948 and its rental estimate is £1,250 per month, given the available information and assuming reasonable condition.
Park Lane, Shenstone, Lichfield, WS14 falls within the WS14 postal district, in the borough of Lichfield.
Our Data Sources
3, Park Lane, Lichfield has no records in the the Land Registry and a single entry in the EPC database dated September 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Park Lane, Lichfield, we estimate a market value of £261,395 and a rental value of £1,312 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,522 and £1,162 per month respectively.
Recent Market Change
Over the last year, 3, Park Lane, Lichfield has seen its estimated sale value rise by £3,191 (1.3%) and its estimated rental value move up by £57 per month (4.5%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 3, Park Lane, Lichfield as measuring 392 m2.
That makes it the 4th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Energy Efficiency
3, Park Lane, Lichfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Park Lane, Lichfield have sold within a radius of 3.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th July 2024, was 31, Church Close, Lichfield, WS14 0LS, a freehold house which sold for £315,000.
Read more about house prices in WS14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 12 addresses on Park Lane, Shenstone, Lichfield, WS14, 3, Park Lane, Lichfield comes out as the 9th largest and the 10th most expensive in our analysis of the public data.
It is also £187k less expensive than the average property across the WS14 district.
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Schools Nearby
- 200mGreysbrooke Primary School
- 3.4kmAnna Seward Primary
- 4.0kmSt Peter's Church of England Primary Academy
- 4.4kmKing Edward VI School
- 5.4kmThe Arthur Terry School
- 5.9kmShire Oak Academy
More reading links
Public Transport Nearby
From 3, Park Lane, Lichfield, the nearest station is Shenstone, 700 metres away.
- 700mShenstone
- 3.7kmBlake Street
- 4.8kmLichfield City
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
