Housing Market Analysis for PARK LANE, B78 3HZ

Are you looking to understand B78 3HZ 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 3HZ area, explore the B78 3HZ Area information page.
For comprehensive crime statistics in the B78 3HZ area, explore the B78 3HZ Crime Rates page.

Overview of Sold House prices

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

Semi-Detached
- The average price is around £185,281 median price is £182,500 Standard Deviation is £90,394 with Total Sold: 37
- The Last 5 Year average price is £319,714 with Total Sold: 7
- The most recent sale happened at this postcode is 44 PARK LANE: £360,000 (Sold on 26 May 2023)
- The first recorded sale happened at this postcode is 47 PARK LANE: £52,000 (Sold on 01 Dec 1995)
Terraced
- The average price is around £265,488 median price is £273,500 Standard Deviation is £78,139 with Total Sold: 4
- The Last 5 Year average price is £342,500 with Total Sold: 2
- The most recent sale happened at this postcode is 48 PARK LANE: £340,000 (Sold on 13 Jan 2023)
- The first recorded sale happened at this postcode is 49 PARK LANE: £169,950 (Sold on 08 Oct 2004)
Detached
- The average price is around £280,693 median price is £307,000 Standard Deviation is £132,439 with Total Sold: 16
- The Last 5 Year average price is £460,000 with Total Sold: 2
- The most recent sale happened at this postcode is OAKLEIGH PARK LANE: £440,000 (Sold on 17 Dec 2021)
- The first recorded sale happened at this postcode is 73 PARK LANE: £87,500 (Sold on 28 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B78 3HZ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£370,000	£3,379	2
2022	£295,000	£3,882	1
2020	£295,000	£3,105	1
2019	£302,667	£2,887	3
2017	£254,333	£2,388	3
2014	£236,000	£2,011	2
2013	£232,500	£2,066	2
2012	£223,750	£2,257	2
2010	£182,500	£2,053	1
2009	£145,000	£1,394	1
2004	£202,500		1
2003	£168,750	£1,331	2
2002	£120,833	£1,305	6
2001	£110,000	£1,118	3
2000	£112,450	£1,009	2
1997	£71,000	£744	2
1996	£64,250	£789	2
1995	£52,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£340,000	£2,982	1
2022	£345,000	£4,012	1
2016	£207,000	£2,407	1
2004	£169,950		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£460,000	£3,145	2
2018	£430,000	£3,285	1
2017	£442,000	£1,629	1
2016	£400,000	£3,030	1
2012	£329,950	£1,320	1
2011	£114,188		1
2010	£360,000	£2,751	1
2009	£304,000	£1,216	1
2006	£310,000	£1,378	1
2002	£205,000		1
2001	£124,950	£1,041	1
1999	£155,000	£1,174	1
1998	£148,500	£594	1
1997	£160,000		1
1996	£87,500	£389	1

All the Sales in the PARK LANE, B78 3HZ

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

Address	Sold Date	Price	% Change
44 PARK LANESemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1930-1949	26 May 2023	£360,000	82.28%
	17 Aug 2012	£197,500	101.53%
	26 Jan 2001	£98,000	First Sale
58 PARK LANESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1930-1949	06 Apr 2023	£380,000	44.49%
	17 Feb 2017	£263,000	81.38%
	27 Nov 2009	£145,000	First Sale
48 PARK LANETerraced, FreeholdArea: 114 Sq.mtrAge: 1930-1949	13 Jan 2023	£340,000	First Sale
46 PARK LANETerraced, FreeholdArea: 86 Sq.mtrAge: 1930-1949	02 Sep 2022	£345,000	66.67%
46 PARK LANETerraced, FreeholdArea: 86 Sq.mtrAge: 1930-1949	09 Sep 2016	£207,000	First Sale
55 PARK LANESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-1949	07 Apr 2022	£295,000	165.77%
	24 May 2002	£111,000	First Sale
OAKLEIGH PARK LANEDetached, FreeholdArea: 123 Sq.mtrAge: 1983-1990	17 Dec 2021	£440,000	First Sale
70 PARK LANEDetached, FreeholdArea: 177 Sq.mtrAge: 1983-1990	19 Mar 2021	£480,000	First Sale
38 PARK LANESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-1949	25 Sep 2020	£295,000	150.00%
	31 Oct 2001	£118,000	65.03%
	24 Oct 1996	£71,500	First Sale
52 PARK LANESemi-Detached, FreeholdArea: 129 Sq.mtrAge: 1930-1949	15 Nov 2019	£290,000	0.0
	05 Dec 2017	£290,000	31.82%
	18 Jul 2013	£220,000	109.52%
	12 Jul 2002	£105,000	First Sale
50 PARK LANESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	10 Oct 2019	£270,000	28.57%
	07 Apr 2017	£210,000	First Sale
57 PARK LANESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1930-1949	31 Jul 2019	£348,000	231.59%
	31 Mar 2000	£104,950	First Sale
75A PARK LANEDetached, FreeholdArea: 130.88 Sq.mtr	17 Oct 2018	£430,000	19.44%
75A PARK LANEDetached, FreeholdArea: 130.88 Sq.mtr	03 Sep 2010	£360,000	First Sale
PEEL COTTAGE PARK LANEDetached, FreeholdArea: 271.3 Sq.mtrAge: 1900-1929	05 Apr 2017	£442,000	First Sale
JESSON HOUSE PARK LANEDetached, FreeholdArea: 132 Sq.mtrAge: 1983-1990	07 Mar 2016	£400,000	158.06%
	04 Jun 1999	£155,000	First Sale
34 PARK LANESemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1930-1949	13 Jun 2014	£260,000	108.08%
	16 Mar 2001	£124,950	First Sale
54 PARK LANESemi-Detached, FreeholdArea: 114.23 Sq.mtrAge: 1930-1949	06 Jun 2014	£212,000	39.47%
	24 Jan 2003	£152,000	49.02%
	09 Jul 2002	£102,000	First Sale
65 PARK LANESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1930-1949	19 Dec 2013	£245,000	45.83%
	05 Dec 2002	£168,000	124.00%
	13 Feb 1997	£75,000	First Sale
59 PARK LANESemi-Detached, FreeholdArea: 88.9 Sq.mtrAge: 1930-1949	23 Nov 2012	£250,000	36.99%
	12 Aug 2010	£182,500	First Sale
60 PARK LANEDetached, FreeholdArea: 250 Sq.mtrAge: 1900-1929	02 Mar 2012	£329,950	8.54%
	19 Jun 2009	£304,000	104.71%
	04 Aug 1998	£148,500	First Sale
71 PARK LANEDetached, Freehold	25 Feb 2011	£114,188	First Sale
73 PARK LANEDetached, FreeholdArea: 225 Sq.mtrAge: 1930-1949	20 Sep 2006	£310,000	254.29%
	28 Jun 1996	£87,500	First Sale
49 PARK LANETerraced, Freehold	08 Oct 2004	£169,950	First Sale
42 PARK LANESemi-Detached, Freehold	01 Oct 2004	£202,500	9.16%
	12 Dec 2003	£185,500	52.05%
	29 Apr 2002	£122,000	First Sale
53 PARK LANESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1930-1949	24 May 2002	£117,000	105.26%
	06 Aug 1996	£57,000	First Sale
75 PARK LANEDetached, Freehold	28 Mar 2002	£205,000	First Sale
36 PARK LANESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1930-1949	02 May 2001	£114,000	70.15%
	17 Oct 1997	£67,000	First Sale
56 PARK LANESemi-Detached, Freehold	19 May 2000	£119,950	First Sale
62 PARK LANEDetached, Freehold	01 Sep 1997	£160,000	First Sale
47 PARK LANESemi-Detached, Freehold	01 Dec 1995	£52,000	First Sale

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

PARK LANE, B78 3HZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B78 3HZ 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 3HZ postcode.

Semi-Detached
- The average price is around £151,393 median price is £137,500 Standard Deviation is £93,834 with Total Sold: 317
- The Last 5 Year average price is £259,593 with Total Sold: 54
- 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 £140,178 median price is £132,250 Standard Deviation is £77,341 with Total Sold: 94
- The Last 5 Year average price is £235,934 with Total Sold: 19
- 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 £80,592 median price is £79,750 Standard Deviation is £27,271 with Total Sold: 12
- The Last 5 Year average price is £118,233 with Total Sold: 3
- 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 , 49 DEER PARK ROAD: £37,000 (Sold on 30 Apr 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£197,000	£2,451	4
2023	£307,045	£2,925	11
2022	£264,850	£2,668	10
2021	£219,300	£2,577	5
2020	£278,188	£2,746	8
2019	£242,625	£2,425	16
2018	£245,707	£2,638	7
2017	£209,038	£2,253	13
2016	£169,040	£2,021	10
2015	£160,245	£1,883	10
2014	£196,279	£1,964	7
2013	£159,190	£1,828	10
2012	£175,500	£1,823	5
2011	£246,856	£1,699	7
2010	£169,143	£1,790	7
2009	£111,125	£1,247	4
2008	£172,614	£1,688	7
2007	£195,658	£1,969	12
2006	£173,323	£1,889	15
2005	£154,493	£1,810	7
2004	£134,994	£1,439	8
2003	£135,116	£1,495	16
2002	£93,711	£1,180	22
2001	£82,427	£1,069	19
2000	£79,756	£817	17
1999	£61,747	£843	19
1998	£77,617	£689	6
1997	£60,000	£790	10
1996	£49,996	£693	12
1995	£57,050	£630	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£185,000		1
2023	£262,500	£3,092	4
2022	£231,708	£2,707	6
2021	£195,667	£2,580	3
2020	£268,875	£3,099	4
2019	£195,000		1
2018	£194,500	£2,449	6
2017	£155,250	£2,275	2
2016	£184,571	£2,233	7
2015	£149,993	£2,093	7
2014	£117,500	£1,507	2
2013	£121,018	£1,585	4
2012	£109,500	£1,268	2
2011	£115,000	£1,992	2
2010	£117,000	£1,773	1
2009	£127,500	£1,796	1
2008	£125,000	£1,453	1
2007	£153,880	£1,823	5
2006	£125,750	£1,952	2
2005	£135,000	£1,929	1
2004	£149,983	£1,866	3
2003	£115,000		1
2002	£79,225	£840	4
2001	£75,667	£887	3
2000	£62,298	£938	6
1999	£60,000	£886	4
1998	£44,875	£484	4
1997	£39,000		1
1996	£45,238	£560	4
1995	£29,500	£382	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£111,000	£1,881	1
2022	£121,850	£2,049	2
2014	£72,500	£1,229	1
2012	£85,500		1
2011	£83,500	£1,347	1
2007	£96,000	£1,627	1
2004	£76,000	£1,288	1
2003	£59,950	£1,016	1
2002	£59,000	£952	1
1998	£42,950	£767	1
1996	£37,000	£661	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£111,200	£20	2
2020	£9,760		1

House Type in B78 3HZ area

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

Total	140
Semi-detached	67
Detached	54
Terraced	19
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

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 outright	71
Owned: Owns with a mortgage or loan	52
Private rented: Private landlord or letting agency	14
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	56
3 people in household	35
1 person in household	25
4 people in household	12
5 people in household	7
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0