28, THE SPIRES, LICHFIELD, WS14 9RP - £330,000

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

28 THE SPIRES is a small extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £330,000 in June 2019, which was around 9% below the average June 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

28 THE SPIRES Sold Prices

Land registry data shows three sales for 28 THE SPIRES 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 28 THE SPIRES 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
2019 14 JUN	£330,000	£362,982	9% below HPI
2015 13 AUG	£275,000	£327,670	16% below HPI
2007 14 DEC	£222,000	£304,795	27% below HPI

28 THE SPIRES 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 28 THE SPIRES sales between December 2007 and June 2019 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 August 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 28 THE SPIRES?

28 THE SPIRES is 97m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 28 THE SPIRES lies on this distribution: 29% of detached houses are smaller than 28 THE SPIRES, and 70% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

28 THE SPIRES: Plot and Title Map

28 THE SPIRES sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 28 THE SPIRES, 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 28 THE SPIRES). 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 28 THE SPIRES?

28 THE SPIRES is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 28 on THE SPIRES.