2, MITCHELL CLOSE, LICHFIELD, WS13 8SL - £350,000

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

2 MITCHELL CLOSE is a midsized extended detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £503,351. It was last sold for £350,000 in July 2017, which was around 2% below the average July 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

2 MITCHELL CLOSE Sold Prices

Land registry data shows three sales for 2 MITCHELL 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. Two of the three 2 MITCHELL CLOSE sales were for below the average price, whilst one was for above 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 26 JUL	£350,000	£358,097	2% below HPI
2004 18 OCT	£250,000	£266,695	6% below HPI
2003 14 NOV	£249,995	£232,873	7% above HPI

2 MITCHELL 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 2 MITCHELL CLOSE sales between November 2003 and July 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 October 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 MITCHELL CLOSE be worth now?

2 MITCHELL CLOSE might now be worth an estimated £503,351.

This is based on house price inflation of 43.8%, between July 2017 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 43.8% inflationary increase is applied to the most recent sale price for 2 MITCHELL CLOSE of £350,000 on 26th July 2017. For the value to have increased from £350,000 to £503,351 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 MITCHELL CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The July 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MITCHELL CLOSE has not materially changed since July 2017.

How Large is 2 MITCHELL CLOSE?

2 MITCHELL CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 50% of detached houses houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fradley South, and where 2 MITCHELL CLOSE lies on this distribution: 46% of detached houses houses are smaller than 2 MITCHELL CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

2 MITCHELL CLOSE: Plot and Title Map

2 MITCHELL CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 2 MITCHELL 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 2 MITCHELL 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 2 MITCHELL CLOSE?

2 MITCHELL CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 2 on MITCHELL CLOSE.