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
3 ALEXANDER CLOSE is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £290,000 in August 2022, which was around 37% below the average August 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 3 ALEXANDER CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 3 ALEXANDER 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 26 AUG | £290,000 | £463,794 | 37% below HPI |
2006 20 JAN | £167,000 | £268,329 | 38% below HPI |
2003 28 MAR | £142,000 | £206,196 | 31% below HPI |
1997 21 NOV | £78,950 | £105,100 | 25% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 3 ALEXANDER CLOSE sales between November 1997 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 January 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.
3 ALEXANDER CLOSE is 103m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% 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 3 ALEXANDER CLOSE lies on this distribution: 23% of detached houses are smaller than 3 ALEXANDER CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Fradley South.
3 ALEXANDER CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 3 ALEXANDER 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 3 ALEXANDER 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.
3 ALEXANDER CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 3 on ALEXANDER CLOSE.