3, THE BRIDGE, LICHFIELD ROAD, HOPWAS, TAMWORTH, B78 3AE - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 THE BRIDGE is a very small semi-detached house of 104m², built sometime between 1900 and 1929. It was last sold for £175,000 in August 2020, which was around 54% below the average August 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

3 THE BRIDGE Sold Prices

Land registry data shows four sales for 3 THE BRIDGE since 1^st 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 THE BRIDGE 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
2020 26 AUG	£175,000	£383,909	54% below HPI
2019 28 JUN	£207,500	£362,982	43% below HPI
2004 24 AUG	£199,000	£252,661	21% below HPI
1999 18 AUG	£86,000	£123,786	31% below HPI

3 THE BRIDGE 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 four 3 THE BRIDGE sales between August 1999 and August 2020 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 June 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2020 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 3 THE BRIDGE?

3 THE BRIDGE is 104m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Hopwas, based on EPC data. The below chart shows the distribution of detached houses by size in Hopwas, and where 3 THE BRIDGE lies on this distribution: 14% of detached houses are smaller than 3 THE BRIDGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hopwas.

3 THE BRIDGE: Plot and Title Map

3 THE BRIDGE sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 3 THE BRIDGE, 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 THE BRIDGE). 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 3 THE BRIDGE?

3 THE BRIDGE is located on LICHFIELD ROAD in HOPWAS, in the B78 postcode district. The below map shows the position of 3 THE BRIDGE on LICHFIELD ROAD.