5, SHARPE CLOSE, FRADLEY, LICHFIELD, WS13 8XB - £420,000

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

5 SHARPE CLOSE is a small detached house of 122m², built in 2021. It was last sold for £420,000 in April 2024, which was around 7% below the average April 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

5 SHARPE CLOSE Sold Prices

Land registry data shows two sales for 5 SHARPE 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 5 SHARPE 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 5 APR	£420,000	£453,289	7% below HPI
2021 14 MAY	£369,995	£407,390	9% below HPI

5 SHARPE 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 5 SHARPE CLOSE sales from May 2021 and April 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 May 2021 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 5 SHARPE CLOSE?

5 SHARPE CLOSE is 122m² according to the EPC inspection conducted in April 2021. 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 5 SHARPE CLOSE lies on this distribution: 38% of detached houses are smaller than 5 SHARPE CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

5 SHARPE CLOSE: Plot and Title Map

5 SHARPE CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 5 SHARPE 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 SHARPE 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 5 SHARPE CLOSE?

5 SHARPE CLOSE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 5 on SHARPE CLOSE.