6, THE PARCHMENTS, LICHFIELD, WS13 7NA - £435,000

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

6 THE PARCHMENTS is a large detached house of 130m², built sometime between 1967 and 1975. It was last sold for £435,000 in July 2014, which was around 42% above the average July 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

6 THE PARCHMENTS Sold Prices

Land registry data shows two sales for 6 THE PARCHMENTS 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 6 THE PARCHMENTS 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
2014 11 JUL	£435,000	£305,274	42% above HPI
1997 29 AUG	£172,000	£107,104	61% above HPI

6 THE PARCHMENTS 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 6 THE PARCHMENTS sales from August 1997 and July 2014 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 1997 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2014 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 6 THE PARCHMENTS?

6 THE PARCHMENTS is 130m² according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 6 THE PARCHMENTS lies on this distribution: 61% of detached houses are smaller than 6 THE PARCHMENTS, and 38% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

6 THE PARCHMENTS: Plot and Title Map

6 THE PARCHMENTS sits on a plot of roughly 0.217 of an acre, or 879m². The below map shows the location of 6 THE PARCHMENTS, 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 6 THE PARCHMENTS). 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 6 THE PARCHMENTS?

6 THE PARCHMENTS is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 6 on THE PARCHMENTS.