2, ABBOTSFORD ROAD, LICHFIELD, WS14 9XQ - £360,000

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.

2 ABBOTSFORD ROAD is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £404,196. It was last sold for £360,000 in February 2022, which was around 21% below the average February 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

2 ABBOTSFORD ROAD Sold Prices

Land registry data shows four sales for 2 ABBOTSFORD ROAD 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 2 ABBOTSFORD ROAD 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 18 FEB	£360,000	£453,479	21% below HPI
2012 26 JAN	£215,000	£297,496	28% below HPI
2006 10 FEB	£247,950	£273,705	9% below HPI
2004 30 SEP	£174,000	£264,976	34% below HPI

2 ABBOTSFORD ROAD 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 2 ABBOTSFORD ROAD sales between September 2004 and February 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 January 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 ABBOTSFORD ROAD be worth now?

2 ABBOTSFORD ROAD might now be worth an estimated £404,196.

This is based on house price inflation of 12.3%, between February 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 12.3% inflationary increase is applied to the most recent sale price for 2 ABBOTSFORD ROAD of £360,000 on 18th February 2022. For the value to have increased from £360,000 to £404,196 over the three years to February 2025, the following assumptions must hold true:

• The value of 2 ABBOTSFORD ROAD has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The February 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ABBOTSFORD ROAD has not materially changed since February 2022.

How Large is 2 ABBOTSFORD ROAD?

2 ABBOTSFORD ROAD is 68m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% 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 2 ABBOTSFORD ROAD lies on this distribution: 5% of detached houses houses are smaller than 2 ABBOTSFORD ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

2 ABBOTSFORD ROAD: Plot and Title Map

2 ABBOTSFORD ROAD sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 2 ABBOTSFORD ROAD, 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 2 ABBOTSFORD ROAD). 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 2 ABBOTSFORD ROAD?

2 ABBOTSFORD ROAD is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 2 on ABBOTSFORD ROAD.