1, SPRING ROAD, LICHFIELD, WS13 6BQ - £325,000

1 SPRING ROAD is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £325,000 in May 2023, which was around 33% below the average May 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

1 SPRING ROAD Sold Prices

Land registry data shows two sales for 1 SPRING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 1 SPRING ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 26 MAY	£325,000	£483,067	33% below HPI
1996 16 DEC	£63,500	£95,305	33% below HPI

1 SPRING ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 1 SPRING ROAD sales from December 1996 and May 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2023 sale, which was also at 33% below the HPI.

How Large is 1 SPRING ROAD?

1 SPRING ROAD is 99m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 1 SPRING ROAD lies on this distribution: 31% of detached houses are smaller than 1 SPRING ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

1 SPRING ROAD: Plot and Title Map

1 SPRING ROAD sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 1 SPRING ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 SPRING ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 SPRING ROAD?

1 SPRING ROAD is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 1 on SPRING ROAD.