7, ALDER CLOSE, LICHFIELD, WS14 9UT - £425,000

7 ALDER CLOSE is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £425,000 in June 2020, which was around 11% above the average June 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

7 ALDER CLOSE Sold Prices

Land registry data shows four sales for 7 ALDER 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. The four 7 ALDER CLOSE sales were a mix of above the average price, and roughly equal to 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
2020 10 JUN	£425,000	£382,940	11% above HPI
2018 28 SEP	£400,000	£375,482	7% above HPI
2008 15 AUG	£305,000	£286,744	6% above HPI
1996 4 OCT	£99,500	£99,445	Close to HPI

7 ALDER 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 7 ALDER CLOSE sales between October 1996 and June 2020 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 September 2018 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 7 ALDER CLOSE?

7 ALDER CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in May 2018. 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 7 ALDER CLOSE lies on this distribution: 33% of detached houses are smaller than 7 ALDER CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

7 ALDER CLOSE: Plot and Title Map

7 ALDER CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 7 ALDER 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 7 ALDER 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 7 ALDER CLOSE?

7 ALDER CLOSE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 7 on ALDER CLOSE.