8, HOLLY DRIVE, LICHFIELD, WS13 8SE - £390,000

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 HOLLY DRIVE is a small detached house of 107m², built sometime between 1983 and 1990. It was last sold for £390,000 in September 2021, which was around 5% below the average September 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 HOLLY DRIVE Sold Prices

Land registry data shows five sales for 8 HOLLY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Most of the five 8 HOLLY DRIVE 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
2021 29 SEP	£390,000	£410,758	5% below HPI
2008 22 FEB	£278,000	£299,948	7% below HPI
2000 24 NOV	£128,500	£148,689	14% below HPI
2000 28 JUL	£134,000	£141,541	5% below HPI
1998 22 MAY	£120,000	£109,757	9% above HPI

8 HOLLY DRIVE 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 five 8 HOLLY DRIVE sales between May 1998 and September 2021 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 February 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 HOLLY DRIVE?

8 HOLLY DRIVE is 107m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley, and where 8 HOLLY DRIVE lies on this distribution: 26% of detached houses are smaller than 8 HOLLY DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Fradley.

8 HOLLY DRIVE: Plot and Title Map

8 HOLLY DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 8 HOLLY DRIVE, 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 HOLLY DRIVE). 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 HOLLY DRIVE?

8 HOLLY DRIVE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 8 on HOLLY DRIVE.