2 Gorse Lane

    2, GORSE LANE, LICHFIELD, WS14 9HQ

    This detached freehold property on Gorse Lane last sold in July 2018 for £940,000. Based on price growth in the WS14 district since then, its estimated current value is £1,226,376 — placing it in the 97th percentile nationally and the 98th percentile within WS14. The property covers 315 m² (3,391 sq ft), giving an estimated value of £3,893 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,391 sq ft

    315 m²

    Last Sale Price

    £940,000

    Jul 2018

    Estimated Valuation

    £1,226,376

    Est. £/sq ft

    £362/sq ft

    £3,893/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area3,391 sq ft (315 m²)
    EPC dateMar 2018
    WallsAverage thermal transmittance 0.24 W/m
    HeatingBoiler

    Transaction History

    27 Jul 2018

    £940,000

    30 Nov 2011

    £520,000

    7 Dec 1998

    £240,000

    Key Metrics

    Estimated valuation£1,226,376
    Value per sq ft / m²£362/sq ft (£3,893/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WS14 district percentile98th percentile
    National percentile97th percentile

    District Context — WS14

    WS14 covers areas in the West Midlands, positioned in the broader Staffordshire region. It is characterised by a mature, settled community with strong owner-occupation and a professional-leaning employment profile.

    Average Property Price - WS14

    £461,618

    76

    National percentile

    Average Net Household Income - WS14

    £43,447

    71

    National percentile

    10-Year Annualised Price Growth - WS14

    5.0%

    90

    National percentile

    10-Year Annualised Rent Growth - WS

    4.6%

    84

    National percentile

    View full analysis for WS14

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