2, WARD CLOSE, FRADLEY, LICHFIELD, WS13 8TS - £215,000

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 WARD CLOSE is a small semi-detached house of 118m², built sometime between 2003 and 2006. It was last sold for £215,000 in May 2012, which was around 20% below the average May 2012 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was B.

2 WARD CLOSE Sold Prices

Land registry data shows two sales for 2 WARD 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 WARD CLOSE sales were 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
2012 11 MAY	£215,000	£267,836	20% below HPI
2004 23 DEC	£224,950	£258,099	13% below HPI

2 WARD 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 WARD CLOSE sales from December 2004 and May 2012 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 December 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 WARD CLOSE?

2 WARD CLOSE is 118m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley South, and where 2 WARD CLOSE lies on this distribution: 36% of detached houses are smaller than 2 WARD CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

2 WARD CLOSE: Plot and Title Map

2 WARD CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 2 WARD 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 WARD 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 WARD CLOSE?

2 WARD CLOSE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 2 on WARD CLOSE.