2, ALDER CLOSE, LICHFIELD, WS14 9UT - £395,000

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

2 ALDER CLOSE is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £395,000 in July 2020, which was around 3% above the average July 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

2 ALDER CLOSE Sold Prices

Land registry data shows two sales for 2 ALDER 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 2 ALDER CLOSE 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
2020 6 JUL	£395,000	£382,693	3% above HPI
1998 23 JAN	£117,000	£112,197	4% above HPI

2 ALDER 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 2 ALDER CLOSE sales from January 1998 and July 2020 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 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 ALDER CLOSE?

2 ALDER CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 2 ALDER CLOSE lies on this distribution: 41% of detached houses are smaller than 2 ALDER CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

2 ALDER CLOSE: Plot and Title Map

2 ALDER CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 2 ALDER 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 2 ALDER 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 2 ALDER CLOSE?

2 ALDER CLOSE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 2 on ALDER CLOSE.