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Company No. 11113204
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According to the public record, 56, Chapel Lane, Lichfield is a period leasehold house with 645 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Chapel Lane, Lichfield is £179,006 and the estimated rental value is £1,008 per month.
Chapel Lane, Lichfield, WS14 is located in the borough of Lichfield within the WS14 postal district.
56, Chapel Lane, Lichfield has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 56, Chapel Lane, Lichfield is in very good condition we estimate a sale value of £187,957 and a rental value of £1,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,476 and a rental value of £938 per month.
Over the last 12 months the sale value of 56 Chapel Lane Lichfield has increased by an estimated £794 (0.4%) and its rental value has increased by an estimated £41 per month (4.1%), giving an expected gross yield of 6.8%.
56, Chapel Lane, Lichfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 56, Chapel Lane, Lichfield was last sold on 26th February 2018 for £175,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since February 2018, the market for similar properties has risen 48.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 56, Chapel Lane, Lichfield within a radius of 590 metres over the last 2 years.
The most recent example is 22, Kenilworth Road, Lichfield, WS14 9DP, a freehold house which sold for £110,000 on the 28th September 2009.
Read more about house prices in WS14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Lane, Lichfield, WS14 has a total of 47 addresses. According to our analysis of all the public data, 56, Chapel Lane, Lichfield is the 38th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £251k less expensive than the average property in WS14.
The closest station to 56, Chapel Lane, Lichfield is Lichfield City station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Chapel Lane, Lichfield, 33.3% of property is privately owned outright and 29.5% 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 56, Chapel Lane, Lichfield, 17.0% of residents are recorded as possessing school level qualifications and 34.4% 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 56, Chapel Lane, Lichfield, the average age was 42.8 and the most common age was 52.
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 56, Chapel Lane, Lichfield, 1.1% 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 56, Chapel Lane, Lichfield, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
