7, HEWITT CLOSE, FRADLEY, LICHFIELD, WS13 8TA - £240,000

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

7 HEWITT CLOSE is a small detached house of 110m², built sometime between 2003 and 2006. It was last sold for £240,000 in September 2023, which was around 48% below the average September 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

7 HEWITT CLOSE Sold Prices

Land registry data shows three sales for 7 HEWITT CLOSE 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 7 HEWITT 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
2023 20 SEP	£240,000	£459,721	48% below HPI
2009 24 APR	£169,000	£255,968	34% below HPI
2003 28 MAY	£166,950	£212,530	21% below HPI

7 HEWITT 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 three 7 HEWITT CLOSE sales between May 2003 and September 2023 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 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 7 HEWITT CLOSE?

7 HEWITT CLOSE is 110m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 7 HEWITT CLOSE lies on this distribution: 29% of detached houses are smaller than 7 HEWITT CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

7 HEWITT CLOSE: Plot and Title Map

7 HEWITT CLOSE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 7 HEWITT 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 7 HEWITT 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 7 HEWITT CLOSE?

7 HEWITT CLOSE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 7 on HEWITT CLOSE.