4, Park Lane
4, Park Lane
Description & Estimates
Public records show 4, Park Lane, Lichfield to be a mid-century freehold house with 839 ft2 of internal area, sitting on a 322 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Park Lane, Lichfield has an estimated sale value of £244,067 and an estimated rental value of £1,225 per month, assuming reasonable condition and based on the information available.
Park Lane, Shenstone, Lichfield, WS14 lies in the borough of Lichfield, within the WS14 postal district.
Our Data Sources
4, Park Lane, Lichfield has 41 entries in the Land Registry , most recently in April 2008 and a single entry in the EPC database dated March 2015.
We combine this information with that 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
In very good condition, we estimate 4, Park Lane, Lichfield would be worth £256,270, with a potential rental value of £1,286 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £226,982, with a rental value of £1,139 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Park Lane, Lichfield has risen by £3,129 (1.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £56 (4.5%). The property's estimated gross yield is currently 6.0%.
Plot Size
4, Park Lane, Lichfield occupies a 322 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
4, Park Lane, Lichfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Park Lane, Lichfield last changed hands on 7th April 2008, selling for £170,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 70.7% since April 2008.
- Sold Apr 2008£170,000
- Sold May 2001£112,000
- Sold Dec 1996£55,250
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.4 kilometres of 4, Park Lane, Lichfield across the last 2 years.
Most recently, 31, Church Close, Lichfield, WS14 0LS, a freehold house, sold at £315,000 on the 16th July 2024.
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
Our analysis of the public data ranks 4, Park Lane, Lichfield as the 8th largest and the 11th most expensive of the 12 addresses on Park Lane, Shenstone, Lichfield, WS14.
Against the WS14 postcode district average, it is £192k less expensive than the typical property.
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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
Shenstone station is the nearest stop to 4, Park Lane, Lichfield at 700 metres away.
- 700mShenstone
- 3.7kmBlake Street
- 4.8kmLichfield City
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
