Housing Market Analysis for PARK LANE, B78 3HX

Are you looking to understand B78 3HX house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Lichfield postcode.

For the location information and nearby amenities in the B78 3HX area, explore the B78 3HX Area information page.
For comprehensive crime statistics in the B78 3HX area, explore the B78 3HX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B78 3HX postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £428,750 median price is £442,500 Standard Deviation is £193,919 with Total Sold: 8
    • The Last 5 Year average price is £680,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 PARK LANE: £735,000 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is 2 PARK LANE: £125,000 (Sold on 30 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B78 3HX house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£735,000 £2,712 1
2020£625,000 £2,306 1
2011£467,500 £1,845 2
2007£450,000 £2,110 1
2006£395,000 £1,852 1
1998£165,000 £774 1
1995£125,000 £586 1

All the Sales in the PARK LANE, B78 3HX

See the table below for more details on the sold house prices in the B78 3HX, Lichfield postcode.

AddressSold DatePrice% Change
4 PARK LANESemi-Detached, FreeholdArea: 271 Sq.mtrAge: before 190030 Jun 2023£735,00017.60%
12 Aug 2020£625,00025.00%
19 Aug 2011£499,999First Sale
SOUTHSIDE, 2 PARK LANESemi-Detached, Freehold08 Apr 2011£435,000First Sale
2 PARK LANESemi-Detached, FreeholdArea: 213.3 Sq.mtrAge: before 190016 Nov 2007£450,00013.92%
29 Sep 2006£395,000139.39%
28 Aug 1998£165,00032.00%
30 Aug 1995£125,000First Sale

Check out the sold house prices near the B78 3HX postcode. Properties currently for saleProperties currently for rent

PARK LANE, B78 3HX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B78 3HX postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the B78 3HX postcode.

  • Semi-Detached
    • The average price is around £147,784 median price is £134,975 Standard Deviation is £88,461 with Total Sold: 408
    • The Last 5 Year average price is £245,926 with Total Sold: 76
    • The most recent sale happened at this postcode is , 22 DEER PARK ROAD: £215,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 35 HUNTINGDON CLOSE: £60,000 (Sold on 03 Jan 1995)
  • Terraced
    • The average price is around £139,682 median price is £132,750 Standard Deviation is £72,610 with Total Sold: 122
    • The Last 5 Year average price is £219,181 with Total Sold: 29
    • The most recent sale happened at this postcode is , 9 DEER PARK ROAD: £185,000 (Sold on 09 May 2024)
    • The first recorded sale happened at this postcode is , 241 LICHFIELD STREET: £34,000 (Sold on 30 Jun 1995)
  • Detached
    • The average price is around £240,705 median price is £232,000 Standard Deviation is £133,409 with Total Sold: 225
    • The Last 5 Year average price is £412,758 with Total Sold: 33
    • The most recent sale happened at this postcode is , 1 WEST DRIVE: £440,000 (Sold on 18 Apr 2024)
    • The first recorded sale happened at this postcode is , 1 HUNTINGDON CLOSE: £89,950 (Sold on 29 Sep 1995)
  • Flat
    • The average price is around £75,280 median price is £74,500 Standard Deviation is £30,325 with Total Sold: 28
    • The Last 5 Year average price is £116,617 with Total Sold: 6
    • The most recent sale happened at this postcode is , 63 MANOR ROAD: £111,000 (Sold on 19 Jun 2023)
    • The first recorded sale happened at this postcode is , 4 SAMBAR ROAD: £29,000 (Sold on 23 Feb 1996)
  • Other
    • The average price is around £77,387 median price is £9,760 Standard Deviation is £100,888 with Total Sold: 3
    • The Last 5 Year average price is £77,387 with Total Sold: 3
    • The most recent sale happened at this postcode is , 202 LICHFIELD STREET: £2,400 (Sold on 01 Jul 2022)
    • The first recorded sale happened at this postcode is , 82 REINDEER ROAD: £9,760 (Sold on 04 May 2020)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£206,600 £2,451 5
2023£270,818 £2,874 17
2022£249,967 £2,618 15
2021£212,667 £2,454 9
2020£262,545 £2,721 11
2019£236,947 £2,416 19
2018£231,745 £2,524 10
2017£206,594 £2,209 16
2016£166,783 £2,036 12
2015£155,897 £1,825 15
2014£186,661 £1,928 9
2013£156,309 £1,789 11
2012£163,250 £1,823 6
2011£246,856 £1,699 7
2010£149,037 £1,699 12
2009£111,125 £1,247 4
2008£171,644 £1,728 9
2007£177,376 £1,885 17
2006£161,308 £1,909 19
2005£151,619 £1,745 8
2004£134,779 £1,464 12
2003£130,160 £1,386 21
2002£93,381 £1,187 24
2001£82,835 £1,049 22
2000£76,770 £798 22
1999£58,868 £807 21
1998£68,470 £689 10
1997£55,354 £779 14
1996£51,593 £693 15
1995£55,759 £613 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,0001
2023£233,667 £2,860 6
2022£225,028 £2,701 9
2021£198,000 £2,498 4
2020£251,500 £2,839 5
2019£173,625 £2,164 4
2018£194,571 £2,437 7
2017£155,250 £2,275 2
2016£183,375 £2,231 8
2015£144,994 £2,010 8
2014£117,500 £1,507 2
2013£118,814 £1,546 5
2012£123,900 £1,576 5
2011£117,000 £1,658 3
2010£117,000 £1,773 1
2009£127,500 £1,796 1
2008£125,000 £1,453 1
2007£142,675 £1,697 8
2006£140,483 £1,778 3
2005£135,000 £1,929 1
2004£149,983 £1,866 3
2003£115,0001
2002£72,692 £808 6
2001£73,000 £855 4
2000£58,554 £756 9
1999£60,000 £886 4
1998£44,875 £484 4
1997£39,0001
1996£45,238 £560 4
1995£29,500 £382 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£440,000 £3,492 1
2023£409,111 £3,976 9
2022£655,000 £3,185 3
2021£387,556 £3,282 9
2020£447,833 £3,225 6
2019£271,800 £3,523 5
2018£360,857 £2,859 7
2017£340,000 £2,479 9
2016£309,700 £2,655 10
2015£308,636 £2,639 11
2014£256,251 £2,061 11
2013£241,800 £2,070 5
2012£266,908 £2,568 6
2011£231,955 £2,108 7
2010£325,667 £3,009 3
2009£319,444 £2,362 9
2008£255,750 £2,757 6
2007£319,250 £2,047 4
2006£268,333 £1,772 3
2005£200,000 £1,015 3
2004£233,953 £1,905 13
2003£199,667 £1,651 6
2002£178,700 £999 7
2001£125,645 £1,159 10
2000£110,889 £1,256 9
1999£116,583 £1,176 6
1998£95,931 £878 8
1997£107,784 £1,147 15
1996£97,520 £751 21
1995£87,317 £674 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£111,000 £1,881 1
2022£119,567 £1,984 3
2021£105,000 £1,694 1
2019£125,000 £1,894 1
2017£114,000 £1,727 1
2016£69,000 £1,211 1
2014£77,250 £1,276 2
2013£82,500 £1,250 1
2012£85,5001
2011£83,500 £1,347 1
2010£73,000 £1,224 1
2008£100,000 £1,639 1
2007£96,000 £1,627 1
2004£76,000 £1,288 1
2003£59,950 £1,016 1
2002£59,000 £952 1
2000£46,375 £742 2
1998£40,483 £683 3
1997£41,000 £651 1
1996£33,333 £569 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£111,200 £20 2
2020£9,7601

House Type in B78 3HX area

The most common house types in the B78 3HX postcode area are Semi-detached (67), Detached (54), and Terraced (19).

Total140
Semi-detached67
Detached54
Terraced19
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (71), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright71
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency14
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the B78 3HX have 2 people in household (56), and 3 people in household (35).

2 people in household56
3 people in household35
1 person in household25
4 people in household12
5 people in household7
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0