23, CARMICHAEL CLOSE, LICHFIELD, WS14 9YW - £315,000

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.

23 CARMICHAEL CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £393,729. It was last sold for £315,000 in October 2020, which was around 23% below the average October 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

23 CARMICHAEL CLOSE Sold Prices

Land registry data shows two sales for 23 CARMICHAEL 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 23 CARMICHAEL 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
2020 21 OCT	£315,000	£407,343	23% below HPI
1999 14 SEP	£117,000	£129,730	10% below HPI

23 CARMICHAEL 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 23 CARMICHAEL CLOSE sales from September 1999 and October 2020 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 September 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 23 CARMICHAEL CLOSE be worth now?

23 CARMICHAEL CLOSE might now be worth an estimated £393,729.

This is based on house price inflation of 25%, between October 2020 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 25% inflationary increase is applied to the most recent sale price for 23 CARMICHAEL CLOSE of £315,000 on 21st October 2020. For the value to have increased from £315,000 to £393,729 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 CARMICHAEL CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The October 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CARMICHAEL CLOSE has not materially changed since October 2020.

How Large is 23 CARMICHAEL CLOSE?

23 CARMICHAEL CLOSE is 76m² according to the EPC inspection conducted in October 2013. 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 23 CARMICHAEL CLOSE lies on this distribution: 8% of detached houses houses are smaller than 23 CARMICHAEL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

23 CARMICHAEL CLOSE: Plot and Title Map

23 CARMICHAEL CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 23 CARMICHAEL 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 23 CARMICHAEL 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 23 CARMICHAEL CLOSE?

23 CARMICHAEL CLOSE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 23 on CARMICHAEL CLOSE.