14, CRECY PLACE, LICHFIELD, WS14 0GD - £340,000

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

14 CRECY PLACE is a midsized detached house of 114m², built sometime from 2007 onwards, which could now be worth an estimated £518,677. It was last sold for £340,000 in December 2015, which was around 1% above the average December 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was B.

14 CRECY PLACE Sold Prices

Land registry data shows two sales for 14 CRECY PLACE 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 14 CRECY PLACE sales was for above the average price, whilst the other was 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
2015 15 DEC	£340,000	£337,587	1% above HPI
2007 27 JUL	£227,950	£303,374	25% below HPI

14 CRECY PLACE 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 14 CRECY PLACE sales from July 2007 and December 2015 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 14 CRECY PLACE be worth now?

14 CRECY PLACE might now be worth an estimated £518,677.

This is based on house price inflation of 52.6%, between December 2015 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 52.6% inflationary increase is applied to the most recent sale price for 14 CRECY PLACE of £340,000 on 15th December 2015. For the value to have increased from £340,000 to £518,677 over the nine years to December 2024, the following assumptions must hold true:

• The value of 14 CRECY PLACE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CRECY PLACE has not materially changed since December 2015.

How Large is 14 CRECY PLACE?

14 CRECY PLACE is 114m² according to the EPC inspection conducted in January 2011. 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 14 CRECY PLACE lies on this distribution: 46% of detached houses houses are smaller than 14 CRECY PLACE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

14 CRECY PLACE: Plot and Title Map

14 CRECY PLACE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 14 CRECY PLACE, 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 CRECY PLACE). 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 CRECY PLACE?

14 CRECY PLACE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 14 on CRECY PLACE.