1, FRIARY GARDENS, LICHFIELD, WS13 6QU - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FRIARY GARDENS is a very large detached house of 174m², built sometime between 1983 and 1990, which could now be worth an estimated £758,191. It was last sold for £500,000 in August 2015, which was around 49% above the average August 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

1 FRIARY GARDENS Sold Prices

Land registry data shows two sales for 1 FRIARY GARDENS 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 1 FRIARY GARDENS 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
2015 20 AUG	£500,000	£335,767	49% above HPI
2006 19 MAY	£388,000	£274,803	41% above HPI

1 FRIARY GARDENS 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 1 FRIARY GARDENS sales from May 2006 and August 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 May 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2015 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 1 FRIARY GARDENS be worth now?

1 FRIARY GARDENS might now be worth an estimated £758,191.

This is based on house price inflation of 51.6%, between August 2015 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.6% inflationary increase is applied to the most recent sale price for 1 FRIARY GARDENS of £500,000 on 20th August 2015. For the value to have increased from £500,000 to £758,191 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 1 FRIARY GARDENS has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2015 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FRIARY GARDENS has not materially changed since August 2015.

How Large is 1 FRIARY GARDENS?

1 FRIARY GARDENS is 174m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lichfield, and where 1 FRIARY GARDENS lies on this distribution: 85% of detached houses houses are smaller than 1 FRIARY GARDENS, and 15% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

1 FRIARY GARDENS: Plot and Title Map

1 FRIARY GARDENS sits on a plot of roughly 0.253 of an acre, or 1,025m². The below map shows the location of 1 FRIARY GARDENS, 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 1 FRIARY GARDENS). 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 1 FRIARY GARDENS?

1 FRIARY GARDENS is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 1 on FRIARY GARDENS.