BYCARS FARM, CHURCH LANE, FRADLEY, LICHFIELD, WS13 8NJ - £465,000

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

BYCARS FARM is a midsized extended detached house of 117m², built sometime before 1900. It was last sold for £465,000 in April 2021, which was around 15% above the average April 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

BYCARS FARM Sold Prices

Land registry data shows three sales for BYCARS FARM 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. One of the three BYCARS FARM sales was for above the average price, whilst two 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 23 APR	£465,000	£405,985	15% above HPI
2015 31 DEC	£300,000	£329,445	9% below HPI
2013 9 OCT	£227,000	£292,805	22% below HPI

BYCARS FARM 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 BYCARS FARM sales between October 2013 and April 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 December 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is BYCARS FARM?

BYCARS FARM is 117m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley, and where BYCARS FARM lies on this distribution: 40% of detached houses are smaller than BYCARS FARM, and 59% of houses are larger. Note that EPC data is not available for all properties in Fradley.

BYCARS FARM: Plot and Title Map

BYCARS FARM sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of BYCARS FARM, 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 BYCARS FARM). 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 BYCARS FARM?

BYCARS FARM is located on CHURCH LANE in FRADLEY, in the WS13 postcode district. The below map shows the position of BYCARS FARM on CHURCH LANE.