8, THE PADDOCK, LICHFIELD, WS14 9BZ - £300,000

8 THE PADDOCK is a very small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £300,000 in March 2021, which was around 30% below the average March 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

8 THE PADDOCK Sold Prices

Land registry data shows two sales for 8 THE PADDOCK 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 THE PADDOCK 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
2021 26 MAR	£300,000	£426,511	30% below HPI
2015 20 FEB	£196,500	£310,569	37% below HPI

8 THE PADDOCK 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 THE PADDOCK sales from February 2015 and March 2021 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 February 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 THE PADDOCK?

8 THE PADDOCK is 86m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% 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 THE PADDOCK lies on this distribution: 17% of detached houses are smaller than 8 THE PADDOCK, and 82% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 THE PADDOCK: Plot and Title Map

8 THE PADDOCK sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 8 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

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