5, THE PADDOCK, LICHFIELD, WS14 9BZ - £197,500

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 THE PADDOCK is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £197,500 in August 2011, which was around 28% below the average August 2011 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.

5 THE PADDOCK Sold Prices

Land registry data shows four sales for 5 THE PADDOCK since 1^st 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 THE PADDOCK 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
2011 19 AUG	£197,500	£276,099	28% below HPI
2006 17 MAR	£180,000	£270,078	33% below HPI
1998 27 APR	£87,950	£111,506	21% below HPI
1995 29 JUN	£70,000	£93,352	25% below HPI

5 THE PADDOCK 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 four 5 THE PADDOCK sales between June 1995 and August 2011 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 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2011 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 THE PADDOCK?

5 THE PADDOCK is 83m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 5 THE PADDOCK lies on this distribution: 15% of detached houses are smaller than 5 THE PADDOCK, and 85% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

5 THE PADDOCK: Plot and Title Map

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

5 THE PADDOCK is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 5 on THE PADDOCK.