8, SPEARHILL, LICHFIELD, WS14 9UD - £290,000

8 SPEARHILL is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £290,000 in November 2016, which was around 17% below the average November 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

8 SPEARHILL Sold Prices

Land registry data shows two sales for 8 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 8 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
2016 10 NOV	£290,000	£348,836	17% below HPI
2012 23 NOV	£220,000	£279,127	21% below HPI

8 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 8 SPEARHILL sales from November 2012 and November 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 November 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 SPEARHILL?

8 SPEARHILL is 93m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 8 SPEARHILL lies on this distribution: 25% of detached houses are smaller than 8 SPEARHILL, and 74% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 SPEARHILL: Plot and Title Map

8 SPEARHILL sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 8 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 8 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 8 SPEARHILL?

8 SPEARHILL is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 8 on SPEARHILL.