55, BROADLANDS RISE, LICHFIELD, WS14 9SF - £425,000

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

55 BROADLANDS RISE is a midsized detached house of 110m², built sometime between 1983 and 1990. It was last sold for £425,000 in July 2017, which was around 22% above the average July 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

55 BROADLANDS RISE Sold Prices

Land registry data shows three sales for 55 BROADLANDS RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 55 BROADLANDS RISE sales were for above 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
2017 14 JUL	£425,000	£349,461	22% above HPI
2012 13 APR	£310,000	£272,463	14% above HPI
1996 12 JAN	£115,000	£94,157	22% above HPI

55 BROADLANDS RISE 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 three 55 BROADLANDS RISE sales between January 1996 and July 2017 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 April 2012 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2017 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 55 BROADLANDS RISE?

55 BROADLANDS RISE is 110m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 55 BROADLANDS RISE lies on this distribution: 40% of detached houses are smaller than 55 BROADLANDS RISE, and 60% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

55 BROADLANDS RISE: Plot and Title Map

55 BROADLANDS RISE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 55 BROADLANDS RISE, 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 55 BROADLANDS RISE). 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 55 BROADLANDS RISE?

55 BROADLANDS RISE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 55 on BROADLANDS RISE.