14, THE PADDOCK, LICHFIELD, WS14 9BZ - £445,000

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 THE PADDOCK is a large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £445,000 in March 2022, which was around 1% above the average March 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

14 THE PADDOCK Sold Prices

Land registry data shows two sales for 14 THE PADDOCK 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 14 THE PADDOCK 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
2022 18 MAR	£445,000	£441,605	1% above HPI
1999 17 NOV	£135,000	£132,466	2% above HPI

14 THE PADDOCK 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 14 THE PADDOCK sales from November 1999 and March 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 November 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 14 THE PADDOCK?

14 THE PADDOCK is 142m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% 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 THE PADDOCK lies on this distribution: 69% of detached houses are smaller than 14 THE PADDOCK, and 30% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

14 THE PADDOCK: Plot and Title Map

14 THE PADDOCK sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 14 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

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