12, PASKIN CLOSE, FRADLEY, LICHFIELD, WS13 8NZ - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 PASKIN CLOSE is a very small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £350,000 in November 2023, which was around 24% below the average November 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

12 PASKIN CLOSE Sold Prices

Land registry data shows two sales for 12 PASKIN CLOSE 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 12 PASKIN CLOSE 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
2023 15 NOV	£350,000	£459,964	24% below HPI
2001 26 JAN	£138,000	£151,033	9% below HPI

12 PASKIN 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 two 12 PASKIN CLOSE sales from January 2001 and November 2023 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 January 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 PASKIN CLOSE?

12 PASKIN CLOSE is 101m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley, and where 12 PASKIN CLOSE lies on this distribution: 20% of detached houses are smaller than 12 PASKIN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Fradley.

12 PASKIN CLOSE: Plot and Title Map

12 PASKIN CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 12 PASKIN 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 12 PASKIN 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 12 PASKIN CLOSE?

12 PASKIN CLOSE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 12 on PASKIN CLOSE.