14, SHAW CLOSE, LICHFIELD, WS13 8SB - £247,000

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.

14 SHAW CLOSE is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £361,553. It was last sold for £247,000 in February 2017, which was around 29% below the average February 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

14 SHAW CLOSE Sold Prices

Land registry data shows four sales for 14 SHAW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 14 SHAW 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 17 FEB	£247,000	£347,834	29% below HPI
2016 25 AUG	£250,000	£358,299	30% below HPI
2003 14 MAR	£142,000	£211,292	33% below HPI
1996 29 AUG	£75,500	£99,605	24% below HPI

14 SHAW 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 four 14 SHAW CLOSE sales between August 1996 and February 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 August 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 14 SHAW CLOSE be worth now?

14 SHAW CLOSE might now be worth an estimated £361,553.

This is based on house price inflation of 46.4%, between February 2017 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 46.4% inflationary increase is applied to the most recent sale price for 14 SHAW CLOSE of £247,000 on 17th February 2017. For the value to have increased from £247,000 to £361,553 over the eight years to February 2025, the following assumptions must hold true:

• The value of 14 SHAW CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The February 2017 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SHAW CLOSE has not materially changed since February 2017.

How Large is 14 SHAW CLOSE?

14 SHAW CLOSE is 80m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fradley, and where 14 SHAW CLOSE lies on this distribution: 4% of detached houses houses are smaller than 14 SHAW CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Fradley.

14 SHAW CLOSE: Plot and Title Map

14 SHAW CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 14 SHAW 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 SHAW 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 SHAW CLOSE?

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