15, NEWBOLD CLOSE, LICHFIELD, WS13 6QF - £262,250

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

15 NEWBOLD CLOSE is a midsized detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £468,803. It was last sold for £262,250 in July 2010, which was around 8% below the average July 2010 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

15 NEWBOLD CLOSE Sold Prices

Land registry data shows two sales for 15 NEWBOLD CLOSE 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. Both of the two 15 NEWBOLD 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
2010 16 JUL	£262,250	£284,821	8% below HPI
2003 11 JUN	£210,000	£218,846	4% below HPI

15 NEWBOLD 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 two 15 NEWBOLD CLOSE sales from June 2003 and July 2010 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 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2010 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 NEWBOLD CLOSE be worth now?

15 NEWBOLD CLOSE might now be worth an estimated £468,803.

This is based on house price inflation of 78.8%, between July 2010 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 78.8% inflationary increase is applied to the most recent sale price for 15 NEWBOLD CLOSE of £262,250 on 16th July 2010. For the value to have increased from £262,250 to £468,803 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 15 NEWBOLD CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The July 2010 sale price of £262,250 represented a fair market value for the property.
• The size, condition, and specification of 15 NEWBOLD CLOSE has not materially changed since July 2010.

How Large is 15 NEWBOLD CLOSE?

15 NEWBOLD CLOSE is 113m² according to the EPC inspection conducted in October 2009. 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 15 NEWBOLD CLOSE lies on this distribution: 44% of detached houses houses are smaller than 15 NEWBOLD CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

15 NEWBOLD CLOSE: Plot and Title Map

15 NEWBOLD CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 15 NEWBOLD 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 15 NEWBOLD 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 15 NEWBOLD CLOSE?

15 NEWBOLD CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 15 on NEWBOLD CLOSE.