5, LARCH CLOSE, LICHFIELD, WS14 9UR - £285,000

5 LARCH CLOSE is a small extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £285,000 in June 2015, which was around 14% below the average June 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

5 LARCH CLOSE Sold Prices

Land registry data shows four sales for 5 LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 5 LARCH 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
2015 12 JUN	£285,000	£330,428	14% below HPI
2009 13 JUL	£239,950	£256,283	6% below HPI
1999 10 JUN	£110,000	£125,057	12% below HPI
1996 25 APR	£86,750	£93,140	7% below HPI

5 LARCH 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 four 5 LARCH CLOSE sales between April 1996 and June 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 July 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 LARCH CLOSE?

5 LARCH CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in January 2015. 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 5 LARCH CLOSE lies on this distribution: 39% of detached houses are smaller than 5 LARCH CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

5 LARCH CLOSE: Plot and Title Map

5 LARCH CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 5 LARCH 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 5 LARCH 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 5 LARCH CLOSE?

5 LARCH CLOSE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 5 on LARCH CLOSE.