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
5 PETTIFORD CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £255,000 in May 2021, which was around 37% below the average May 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 5 PETTIFORD 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 5 PETTIFORD 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 |
---|---|---|---|
2021 28 MAY | £255,000 | £407,390 | 37% below HPI |
2010 17 DEC | £192,000 | £291,154 | 34% below HPI |
2007 2 JUL | £184,075 | £296,058 | 38% below HPI |
1998 10 JUL | £77,950 | £121,552 | 36% 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 5 PETTIFORD CLOSE sales between July 1998 and May 2021 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 December 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
5 PETTIFORD CLOSE is 80m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% 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 5 PETTIFORD CLOSE lies on this distribution: 6% of detached houses are smaller than 5 PETTIFORD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Fradley South.
5 PETTIFORD CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 5 PETTIFORD 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 5 PETTIFORD 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.
5 PETTIFORD CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 5 on PETTIFORD CLOSE.