8, TRENANCE CLOSE, LICHFIELD, WS14 9SJ - £270,000

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 TRENANCE CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £270,000 in April 2017, which was around 20% below the average April 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

8 TRENANCE CLOSE Sold Prices

Land registry data shows two sales for 8 TRENANCE 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 TRENANCE 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
2017 28 APR	£270,000	£337,683	20% below HPI
2005 24 AUG	£202,000	£271,323	26% below HPI

8 TRENANCE 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 TRENANCE CLOSE sales from August 2005 and April 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 August 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 TRENANCE CLOSE?

8 TRENANCE CLOSE is 58m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% 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 TRENANCE CLOSE lies on this distribution: 2% of detached houses are smaller than 8 TRENANCE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 TRENANCE CLOSE: Plot and Title Map

8 TRENANCE CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 8 TRENANCE 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 TRENANCE 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 TRENANCE CLOSE?

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