5, EDWARDS FARM ROAD, FRADLEY, LICHFIELD, WS13 8NR - £375,000

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

5 EDWARDS FARM ROAD is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £375,000 in March 2023, which was around 19% below the average March 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

5 EDWARDS FARM ROAD Sold Prices

Land registry data shows two sales for 5 EDWARDS FARM ROAD 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 5 EDWARDS FARM ROAD 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
2023 20 MAR	£375,000	£463,241	19% below HPI
2015 13 AUG	£235,000	£327,670	28% below HPI

5 EDWARDS FARM ROAD 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 5 EDWARDS FARM ROAD sales from August 2015 and March 2023 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 EDWARDS FARM ROAD?

5 EDWARDS FARM ROAD is 75m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley, and where 5 EDWARDS FARM ROAD lies on this distribution: 3% of detached houses are smaller than 5 EDWARDS FARM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Fradley.

5 EDWARDS FARM ROAD: Plot and Title Map

5 EDWARDS FARM ROAD sits on a plot of roughly 0.100 of an acre, or 407m². The below map shows the location of 5 EDWARDS FARM ROAD, 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 5 EDWARDS FARM ROAD). 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 5 EDWARDS FARM ROAD?

5 EDWARDS FARM ROAD is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 5 on EDWARDS FARM ROAD.