14, RICHMOND DRIVE, LICHFIELD, WS14 9SZ - £500,000

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

14 RICHMOND DRIVE is a very large extended detached house of 178m², built sometime between 1983 and 1990. It was last sold for £500,000 in June 2018, which was around 34% above the average June 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

14 RICHMOND DRIVE Sold Prices

Land registry data shows three sales for 14 RICHMOND DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 14 RICHMOND DRIVE 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
2018 15 JUN	£500,000	£373,912	34% above HPI
2011 12 AUG	£295,000	£276,099	7% above HPI
1996 29 FEB	£105,000	£91,608	15% above HPI

14 RICHMOND DRIVE 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 three 14 RICHMOND DRIVE sales between February 1996 and June 2018 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 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2018 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 14 RICHMOND DRIVE?

14 RICHMOND DRIVE is 178m², which includes four extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 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 14 RICHMOND DRIVE lies on this distribution: 86% of detached houses are smaller than 14 RICHMOND DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

14 RICHMOND DRIVE: Plot and Title Map

14 RICHMOND DRIVE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 14 RICHMOND DRIVE, 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 RICHMOND DRIVE). 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 RICHMOND DRIVE?

14 RICHMOND DRIVE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 14 on RICHMOND DRIVE.