8, BALMORAL CLOSE, LICHFIELD, WS14 9SP - £455,000

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

8 BALMORAL CLOSE is a midsized extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £455,000 in September 2016, which was around 30% above the average September 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

8 BALMORAL CLOSE Sold Prices

Land registry data shows two sales for 8 BALMORAL 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 8 BALMORAL CLOSE 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
2016 16 SEP	£455,000	£349,719	30% above HPI
1998 4 DEC	£158,000	£122,010	29% above HPI

8 BALMORAL 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 8 BALMORAL CLOSE sales from December 1998 and September 2016 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 December 1998 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2016 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 8 BALMORAL CLOSE?

8 BALMORAL CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 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 8 BALMORAL CLOSE lies on this distribution: 57% of detached houses are smaller than 8 BALMORAL CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 BALMORAL CLOSE: Plot and Title Map

8 BALMORAL CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 8 BALMORAL 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 8 BALMORAL 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 8 BALMORAL CLOSE?

8 BALMORAL CLOSE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 8 on BALMORAL CLOSE.