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According to the public record, 7, The Parchments, Lichfield is a modern freehold house with 2,077 ft2 of internal area and sits on a 647 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, The Parchments, Lichfield is £744,705 and the estimated rental value is £2,518 per month.
The Parchments, Lichfield, WS13 is located in the borough of Lichfield within the WS13 postal district.
7, The Parchments, Lichfield has 21 entries in the Land Registry , most recently in May 2014 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, The Parchments, Lichfield is in very good condition we estimate a sale value of £781,940 and a rental value of £2,644 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £692,575 and a rental value of £2,342 per month.
Over the last 12 months the sale value of 7 The Parchments Lichfield has decreased by an estimated £12,120 (1.6%) and its rental value has increased by an estimated £54 per month (2.1%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 7, The Parchments, Lichfield sits on a plot of 647m2.
We have plot size data on 17 out of 18 other houses in the postcode and 7, The Parchments, Lichfield sits on the 7th largest plot.
7, The Parchments, Lichfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Mar 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, The Parchments, Lichfield was last sold on 9th May 2014 for £575,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2014, the market for similar properties has risen 30.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, The Parchments, Lichfield within a radius of 640 metres over the last 2 years.
The most recent example is 82, Gaia Lane, Lichfield, WS13 7LS, a freehold house which sold for £455,000 on the 16th September 2022.
Read more about house prices in WS13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parchments, Lichfield, WS13 has a total of 18 addresses. According to our analysis of all the public data, 7, The Parchments, Lichfield is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £413k more expensive than the average property in WS13.
The closest station to 7, The Parchments, Lichfield is Lichfield City station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, The Parchments, Lichfield, 53.4% of property is privately owned outright and 32.1% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, The Parchments, Lichfield, 17.2% of residents are recorded as possessing school level qualifications and 53.0% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, The Parchments, Lichfield, the average age was 42.8 and the most common age was 47.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, The Parchments, Lichfield, 1.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, The Parchments, Lichfield, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
