5, RICHMOND DRIVE, LICHFIELD, WS14 9SZ - £460,000

5 RICHMOND DRIVE is a large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £460,000 in December 2019, which was around 23% above the average December 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

5 RICHMOND DRIVE Sold Prices

Land registry data shows three sales for 5 RICHMOND DRIVE 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 5 RICHMOND DRIVE sales were for above 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
2019 16 DEC	£460,000	£375,361	23% above HPI
2000 8 AUG	£162,000	£144,770	12% above HPI
1999 29 JAN	£125,000	£119,575	5% above HPI

5 RICHMOND DRIVE 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 5 RICHMOND DRIVE sales between January 1999 and December 2019 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 August 2000 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 5 RICHMOND DRIVE?

5 RICHMOND DRIVE is 141m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 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 RICHMOND DRIVE lies on this distribution: 69% of detached houses are smaller than 5 RICHMOND DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

5 RICHMOND DRIVE: Plot and Title Map

5 RICHMOND DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 5 RICHMOND DRIVE, 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 RICHMOND DRIVE). 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 RICHMOND DRIVE?

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