17, SPEARHILL, LICHFIELD, WS14 9UD - £511,000

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

17 SPEARHILL is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £551,889. It was last sold for £511,000 in September 2022, which was around 7% above the average September 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

17 SPEARHILL Sold Prices

Land registry data shows three sales for 17 SPEARHILL 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. The three 17 SPEARHILL sales were a mix of above the average price, and roughly equal to 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 30 SEP	£511,000	£476,840	7% above HPI
2020 22 MAY	£425,000	£396,605	7% above HPI
2007 17 AUG	£305,000	£303,821	Close to HPI

17 SPEARHILL 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 17 SPEARHILL sales between August 2007 and September 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 May 2020 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2022 sale, which was also at 7% above the HPI.

What might 17 SPEARHILL be worth now?

17 SPEARHILL might now be worth an estimated £551,889.

This is based on house price inflation of 8%, between September 2022 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 8% inflationary increase is applied to the most recent sale price for 17 SPEARHILL of £511,000 on 30th September 2022. For the value to have increased from £511,000 to £551,889 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 17 SPEARHILL has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2022 sale price of £511,000 represented a fair market value for the property.
• The size, condition, and specification of 17 SPEARHILL has not materially changed since September 2022.

How Large is 17 SPEARHILL?

17 SPEARHILL is 117m², which includes one extension, according to the EPC inspection conducted in November 2019. 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 17 SPEARHILL lies on this distribution: 47% of detached houses houses are smaller than 17 SPEARHILL, and 52% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

17 SPEARHILL: Plot and Title Map

17 SPEARHILL sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 17 SPEARHILL, 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 17 SPEARHILL). 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 17 SPEARHILL?

17 SPEARHILL is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 17 on SPEARHILL.