1, THE PINES, LICHFIELD, WS14 9XA - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE PINES is a midsized extended detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £496,499. It was last sold for £365,000 in August 2019, which was around 4% below the average August 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

1 THE PINES Sold Prices

Land registry data shows three sales for 1 THE PINES 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. All of the three 1 THE PINES 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
2019 19 AUG	£365,000	£378,598	4% below HPI
2009 24 JUL	£227,500	£262,616	13% below HPI
2005 21 APR	£234,000	£271,140	14% below HPI

1 THE PINES 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 1 THE PINES sales between April 2005 and August 2019 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 July 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 THE PINES be worth now?

1 THE PINES might now be worth an estimated £496,499.

This is based on house price inflation of 36%, between August 2019 and December 2024, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36% inflationary increase is applied to the most recent sale price for 1 THE PINES of £365,000 on 19th August 2019. For the value to have increased from £365,000 to £496,499 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 THE PINES has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE PINES has not materially changed since August 2019.

How Large is 1 THE PINES?

1 THE PINES is 115m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lichfield, and where 1 THE PINES lies on this distribution: 46% of detached houses houses are smaller than 1 THE PINES, and 54% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

1 THE PINES: Plot and Title Map

1 THE PINES sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 1 THE PINES, 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 1 THE PINES). 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 1 THE PINES?

1 THE PINES is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 1 on THE PINES.