3, GLOUCESTER CLOSE, LICHFIELD, WS13 7SS - £242,500

3 GLOUCESTER CLOSE is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £242,500 in June 2016, which was around 28% below the average June 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

3 GLOUCESTER CLOSE Sold Prices

Land registry data shows two sales for 3 GLOUCESTER CLOSE 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 3 GLOUCESTER CLOSE 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
2016 3 JUN	£242,500	£338,257	28% below HPI
2007 8 JUN	£196,000	£292,626	33% below HPI

3 GLOUCESTER CLOSE 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 3 GLOUCESTER CLOSE sales from June 2007 and June 2016 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 June 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 GLOUCESTER CLOSE?

3 GLOUCESTER CLOSE is 83m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 3 GLOUCESTER CLOSE lies on this distribution: 15% of detached houses are smaller than 3 GLOUCESTER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

3 GLOUCESTER CLOSE: Plot and Title Map

3 GLOUCESTER CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 3 GLOUCESTER CLOSE, 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 3 GLOUCESTER CLOSE). 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 3 GLOUCESTER CLOSE?

3 GLOUCESTER CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 3 on GLOUCESTER CLOSE.