16, SHAW CLOSE, LICHFIELD, WS13 8SB - £319,950

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.

16 SHAW CLOSE is a very small detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £349,173. It was last sold for £319,950 in June 2022, which was around 31% below the average June 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

16 SHAW CLOSE Sold Prices

Land registry data shows three sales for 16 SHAW 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 16 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
2022 21 JUN	£319,950	£466,539	31% below HPI
2017 1 NOV	£255,000	£371,889	31% below HPI
1997 7 MAR	£80,000	£102,469	22% below HPI

16 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 three 16 SHAW CLOSE sales between March 1997 and June 2022 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 November 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2022 sale, which was also at 31% below the HPI.

What might 16 SHAW CLOSE be worth now?

16 SHAW CLOSE might now be worth an estimated £349,173.

This is based on house price inflation of 9.1%, between June 2022 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 9.1% inflationary increase is applied to the most recent sale price for 16 SHAW CLOSE of £319,950 on 21st June 2022. For the value to have increased from £319,950 to £349,173 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 16 SHAW CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The June 2022 sale price of £319,950 represented a fair market value for the property.
• The size, condition, and specification of 16 SHAW CLOSE has not materially changed since June 2022.

How Large is 16 SHAW CLOSE?

16 SHAW CLOSE is 77m² according to the EPC inspection conducted in August 2017. 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 16 SHAW CLOSE lies on this distribution: 3% of detached houses houses are smaller than 16 SHAW CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Fradley.

16 SHAW CLOSE: Plot and Title Map

16 SHAW CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 16 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 16 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 16 SHAW CLOSE?

16 SHAW CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 16 on SHAW CLOSE.