3, SPEARHILL, LICHFIELD, WS14 9UD - £309,000

3 SPEARHILL is a small extended detached house of 107m², built sometime between 1976 and 1982. It was last sold for £309,000 in July 2015, which was around 5% below the average July 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

3 SPEARHILL Sold Prices

Land registry data shows two sales for 3 SPEARHILL 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 SPEARHILL 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
2015 30 JUL	£309,000	£326,071	5% below HPI
2005 21 OCT	£205,000	£270,744	24% below HPI

3 SPEARHILL 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 SPEARHILL sales from October 2005 and July 2015 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 October 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 SPEARHILL?

3 SPEARHILL is 107m², which includes one extension, according to the EPC inspection conducted in August 2014. 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 3 SPEARHILL lies on this distribution: 38% of detached houses are smaller than 3 SPEARHILL, and 61% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

3 SPEARHILL: Plot and Title Map

3 SPEARHILL sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 3 SPEARHILL, 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 SPEARHILL). 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 SPEARHILL?

3 SPEARHILL is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 3 on SPEARHILL.