38, COLTMAN CLOSE, LICHFIELD, WS14 9YS - £300,000

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

38 COLTMAN CLOSE is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £300,000 in January 2024, which was around 35% below the average January 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

38 COLTMAN CLOSE Sold Prices

Land registry data shows two sales for 38 COLTMAN 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 38 COLTMAN 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
2024 26 JAN	£300,000	£459,640	35% below HPI
2015 17 MAR	£225,000	£310,325	27% below HPI

38 COLTMAN 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 38 COLTMAN CLOSE sales from March 2015 and January 2024 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 March 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 38 COLTMAN CLOSE?

38 COLTMAN CLOSE is 56m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 38 COLTMAN CLOSE lies on this distribution: 1% of detached houses are smaller than 38 COLTMAN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

38 COLTMAN CLOSE: Plot and Title Map

38 COLTMAN CLOSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 38 COLTMAN 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 38 COLTMAN 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 38 COLTMAN CLOSE?

38 COLTMAN CLOSE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 38 on COLTMAN CLOSE.