14, CHESTER CLOSE, LICHFIELD, WS13 7SX - £249,950

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

14 CHESTER CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £249,950 in November 2017, which was around 31% below the average November 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

14 CHESTER CLOSE Sold Prices

Land registry data shows three sales for 14 CHESTER CLOSE 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 14 CHESTER CLOSE 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
2017 30 NOV	£249,950	£362,921	31% below HPI
2016 17 JUN	£230,000	£338,257	32% below HPI
2006 15 SEP	£188,000	£282,949	34% below HPI

14 CHESTER CLOSE 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 14 CHESTER CLOSE sales between September 2006 and November 2017 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 June 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 CHESTER CLOSE?

14 CHESTER CLOSE is 70m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 14 CHESTER CLOSE lies on this distribution: 5% of detached houses are smaller than 14 CHESTER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

14 CHESTER CLOSE: Plot and Title Map

14 CHESTER CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 14 CHESTER CLOSE, 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 14 CHESTER CLOSE). 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 14 CHESTER CLOSE?

14 CHESTER CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 14 on CHESTER CLOSE.