2, REDLOCK FIELD, LICHFIELD, WS14 0AB - £630,000

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

2 REDLOCK FIELD is a midsized extended detached house of 119m², built sometime between 1976 and 1982. It was last sold for £630,000 in February 2022, which was around 42% above the average February 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

2 REDLOCK FIELD Sold Prices

Land registry data shows two sales for 2 REDLOCK FIELD 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. One of the two 2 REDLOCK FIELD sales was for above the average price, whilst the other was 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 FEB	£630,000	£442,543	42% above HPI
2018 2 FEB	£310,000	£361,916	14% below HPI

2 REDLOCK FIELD 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 REDLOCK FIELD sales from February 2018 and February 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2022 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 2 REDLOCK FIELD?

2 REDLOCK FIELD is 119m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 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 REDLOCK FIELD lies on this distribution: 49% of detached houses are smaller than 2 REDLOCK FIELD, and 50% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

2 REDLOCK FIELD: Plot and Title Map

2 REDLOCK FIELD sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 2 REDLOCK FIELD, 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 REDLOCK FIELD). 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 REDLOCK FIELD?

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