12, SPRING ROAD, LICHFIELD, WS13 6BQ - £180,000

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.

12 SPRING ROAD is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £238,059. It was last sold for £180,000 in October 2019, which was around 53% below the average October 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

12 SPRING ROAD Sold Prices

Land registry data shows three sales for 12 SPRING ROAD 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 12 SPRING ROAD 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 24 OCT	£180,000	£384,977	53% below HPI
2006 10 FEB	£165,000	£273,705	40% below HPI
1997 26 SEP	£74,000	£111,012	33% below HPI

12 SPRING ROAD 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 12 SPRING ROAD sales between September 1997 and October 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 February 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2019 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 12 SPRING ROAD be worth now?

12 SPRING ROAD might now be worth an estimated £238,059.

This is based on house price inflation of 32.3%, between October 2019 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 32.3% inflationary increase is applied to the most recent sale price for 12 SPRING ROAD of £180,000 on 24th October 2019. For the value to have increased from £180,000 to £238,059 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 SPRING ROAD has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The October 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPRING ROAD has not materially changed since October 2019.

How Large is 12 SPRING ROAD?

12 SPRING ROAD is 98m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% 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 12 SPRING ROAD lies on this distribution: 30% of detached houses houses are smaller than 12 SPRING ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

12 SPRING ROAD: Plot and Title Map

12 SPRING ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 12 SPRING ROAD, 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 12 SPRING ROAD). 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 12 SPRING ROAD?

12 SPRING ROAD is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 12 on SPRING ROAD.