2, THE PADDOCK, LICHFIELD, WS14 9BZ - £330,000

2 THE PADDOCK is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £330,000 in November 2021, which was around 26% below the average November 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

2 THE PADDOCK Sold Prices

Land registry data shows three sales for 2 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 2 THE PADDOCK 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
2021 16 NOV	£330,000	£447,277	26% below HPI
2021 5 NOV	£335,000	£447,277	25% below HPI
2006 11 OCT	£195,000	£282,211	31% below HPI

2 THE PADDOCK 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 three 2 THE PADDOCK sales between October 2006 and November 2021 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 November 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 THE PADDOCK?

2 THE PADDOCK is 92m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 2 THE PADDOCK lies on this distribution: 24% of detached houses are smaller than 2 THE PADDOCK, and 75% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

2 THE PADDOCK: Plot and Title Map

2 THE PADDOCK sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 THE PADDOCK, 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 2 THE PADDOCK). 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 2 THE PADDOCK?

2 THE PADDOCK is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 2 on THE PADDOCK.