2, LARCH CLOSE, LICHFIELD, WS14 9UR - £480,000

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 LARCH CLOSE is a small extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £480,000 in August 2022, which was around 3% above the average August 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

2 LARCH CLOSE Sold Prices

Land registry data shows two sales for 2 LARCH 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 LARCH 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
2022 8 AUG	£480,000	£463,794	3% above HPI
2015 28 SEP	£345,000	£327,791	5% above HPI

2 LARCH 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 LARCH CLOSE sales from September 2015 and August 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 September 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 LARCH CLOSE?

2 LARCH CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 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 2 LARCH CLOSE lies on this distribution: 35% of detached houses are smaller than 2 LARCH CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

2 LARCH CLOSE: Plot and Title Map

2 LARCH CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 LARCH 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 LARCH 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 LARCH CLOSE?

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