4, WEBB CLOSE, FRADLEY, LICHFIELD, WS13 8TF - £320,000

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

4 WEBB CLOSE is a small detached house of 116m², built sometime between 2003 and 2006. It was last sold for £320,000 in February 2018, which was around 12% below the average February 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

4 WEBB CLOSE Sold Prices

Land registry data shows two sales for 4 WEBB 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 4 WEBB 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
2018 1 FEB	£320,000	£361,916	12% below HPI
2006 20 JAN	£263,000	£268,329	2% below HPI

4 WEBB 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 4 WEBB CLOSE sales from January 2006 and February 2018 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 4 WEBB CLOSE?

4 WEBB CLOSE is 116m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% 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 4 WEBB CLOSE lies on this distribution: 33% of detached houses are smaller than 4 WEBB CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

4 WEBB CLOSE: Plot and Title Map

4 WEBB CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 4 WEBB 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 4 WEBB 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 4 WEBB CLOSE?

4 WEBB CLOSE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 4 on WEBB CLOSE.