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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Lower Lane Cottage, Lichfield is a period freehold house with 2,368 ft2 of internal area and sits on a 2,155 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 Lower Lane Cottage, Lichfield is £852,141 and the estimated rental value is £2,526 per month.
Lower Lane, Lichfield, WS13 is located in the borough of Lichfield within the WS13 postal district.
Lower Lane Cottage, Lichfield has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated November 2019.
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 Lower Lane Cottage, Lichfield is in very good condition we estimate a sale value of £894,748 and a rental value of £2,652 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £792,491 and a rental value of £2,349 per month.
Over the last 12 months the sale value of Lower Lane Cottage Lichfield has decreased by an estimated £3,736 (0.4%) and its rental value has increased by an estimated £66 per month (2.6%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, Lower Lane Cottage, Lichfield sits on a plot of 2155m2.
We have plot size data on 3 out of 5 other houses in the postcode and Lower Lane Cottage, Lichfield sits on the 2nd largest plot.
Lower Lane Cottage, Lichfield has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Nov 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Lower Lane Cottage, Lichfield was last sold on 18th December 2020 for £670,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has dropped 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lower Lane Cottage, Lichfield within a radius of 1.6 kilometres over the last 2 years.
The most recent example is Ivy House Farm, Goosemoor Green, Rugeley, WS15 4NL, a freehold house which sold for £950,000 on the 4th November 2024.
Read more about house prices in WS13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Lane, Lichfield, WS13 has a total of 9 addresses. According to our analysis of all the public data, Lower Lane Cottage, Lichfield is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £518k more expensive than the average property in WS13.
The closest station to Lower Lane Cottage, Lichfield is Lichfield City station which is 5.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Lower Lane Cottage, Lichfield, 45.5% of property is privately owned outright and 35.8% 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 Lower Lane Cottage, Lichfield, 14.8% of residents are recorded as possessing school level qualifications and 38.9% 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 Lower Lane Cottage, Lichfield, the average age was 47 and the most common age was 57.
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 Lower Lane Cottage, Lichfield, 5.2% 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 Lower Lane Cottage, Lichfield, there are an average of 2.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
