24, JORDAN CLOSE, FRADLEY, LICHFIELD, WS13 8PQ - £280,000

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

24 JORDAN CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £280,000 in May 2022, which was around 38% below the average May 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

24 JORDAN CLOSE Sold Prices

Land registry data shows three sales for 24 JORDAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 24 JORDAN 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
2022 4 MAY	£280,000	£448,607	38% below HPI
2006 15 SEP	£162,500	£282,949	43% below HPI
1998 7 SEP	£69,000	£123,574	44% below HPI

24 JORDAN 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 three 24 JORDAN CLOSE sales between September 1998 and May 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 2006 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 24 JORDAN CLOSE?

24 JORDAN CLOSE is 76m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% 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 24 JORDAN CLOSE lies on this distribution: 3% of detached houses are smaller than 24 JORDAN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

24 JORDAN CLOSE: Plot and Title Map

24 JORDAN CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 24 JORDAN 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 24 JORDAN 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 24 JORDAN CLOSE?

24 JORDAN CLOSE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 24 on JORDAN CLOSE.