14, GILES ROAD, LICHFIELD, WS13 7JU - £292,500

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

14 GILES ROAD is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £292,500 in November 2022, which was around 40% below the average November 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

14 GILES ROAD Sold Prices

Land registry data shows five sales for 14 GILES ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the five 14 GILES ROAD 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
2022 18 NOV	£292,500	£483,575	40% below HPI
2018 9 FEB	£215,000	£361,916	41% below HPI
2008 22 AUG	£152,000	£286,744	47% below HPI
2001 21 SEP	£84,000	£158,068	47% below HPI
1998 8 MAY	£62,000	£109,757	44% below HPI

14 GILES ROAD 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 five 14 GILES ROAD sales between May 1998 and November 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 February 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 14 GILES ROAD?

14 GILES ROAD is 70m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 14 GILES ROAD lies on this distribution: 5% of detached houses are smaller than 14 GILES ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

14 GILES ROAD: Plot and Title Map

14 GILES ROAD sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 14 GILES ROAD, 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 14 GILES ROAD). 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 14 GILES ROAD?

14 GILES ROAD is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 14 on GILES ROAD.