11, THE WOODLANDS, LICHFIELD, WS13 6XE - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 THE WOODLANDS is a midsized detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £416,035. It was last sold for £340,000 in February 2021, which was around 18% below the average February 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

11 THE WOODLANDS Sold Prices

Land registry data shows two sales for 11 THE WOODLANDS 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. One of the two 11 THE WOODLANDS sales was for below the average price, whilst the other was for above 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 1 FEB	£340,000	£416,098	18% below HPI
1999 15 OCT	£139,950	£134,593	4% above HPI

11 THE WOODLANDS 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 11 THE WOODLANDS sales from October 1999 and February 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 October 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 11 THE WOODLANDS be worth now?

11 THE WOODLANDS might now be worth an estimated £416,035.

This is based on house price inflation of 22.4%, between February 2021 and February 2025, 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 22.4% inflationary increase is applied to the most recent sale price for 11 THE WOODLANDS of £340,000 on 1st February 2021. For the value to have increased from £340,000 to £416,035 over the four years to February 2025, the following assumptions must hold true:

• The value of 11 THE WOODLANDS has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The February 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THE WOODLANDS has not materially changed since February 2021.

How Large is 11 THE WOODLANDS?

11 THE WOODLANDS is 114m² according to the EPC inspection conducted in May 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 11 THE WOODLANDS lies on this distribution: 44% of detached houses houses are smaller than 11 THE WOODLANDS, and 55% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

11 THE WOODLANDS: Plot and Title Map

11 THE WOODLANDS sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 11 THE WOODLANDS, 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 11 THE WOODLANDS). 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 11 THE WOODLANDS?

11 THE WOODLANDS is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 11 on THE WOODLANDS.