1, HEATH GAP, LICHFIELD, WS13 8PH - £545,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HEATH GAP is a large extended detached house of 145m², built sometime before 1900. It was last sold for £545,000 in January 2022, which was around 24% above the average January 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

1 HEATH GAP Sold Prices

Land registry data shows two sales for 1 HEATH GAP 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. One of the two 1 HEATH GAP sales was for above the average price, whilst the other was 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
2022 12 JAN	£545,000	£440,971	24% above HPI
2015 7 AUG	£164,000	£327,670	50% below HPI

1 HEATH GAP 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 HEATH GAP sales from August 2015 and January 2022 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 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the January 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 1 HEATH GAP?

1 HEATH GAP is 145m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley South, and where 1 HEATH GAP lies on this distribution: 62% of detached houses are smaller than 1 HEATH GAP, and 36% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

1 HEATH GAP: Plot and Title Map

1 HEATH GAP sits on a plot of roughly 0.278 of an acre, or 1,127m². The below map shows the location of 1 HEATH GAP, 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 HEATH GAP). 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 HEATH GAP?

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