23, TWO TREES CLOSE, HOPWAS, TAMWORTH, B78 3BG - £500,000

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

23 TWO TREES CLOSE is a small detached house of 134m², built sometime between 2007 and 2011, which could now be worth an estimated £542,380. It was last sold for £500,000 in July 2022, which was around 7% above the average July 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

23 TWO TREES CLOSE Sold Prices

Land registry data shows two sales for 23 TWO TREES 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 TWO TREES CLOSE sales were 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
2022 15 JUL	£500,000	£469,367	7% above HPI
2002 23 MAY	£249,000	£171,585	45% above HPI

23 TWO TREES 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 TWO TREES CLOSE sales from May 2002 and July 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 2002 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 23 TWO TREES CLOSE be worth now?

23 TWO TREES CLOSE might now be worth an estimated £542,380.

This is based on house price inflation of 8.5%, between July 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 8.5% inflationary increase is applied to the most recent sale price for 23 TWO TREES CLOSE of £500,000 on 15th July 2022. For the value to have increased from £500,000 to £542,380 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 23 TWO TREES CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The July 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 23 TWO TREES CLOSE has not materially changed since July 2022.

How Large is 23 TWO TREES CLOSE?

23 TWO TREES CLOSE is 134m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses houses in Hopwas, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hopwas, and where 23 TWO TREES CLOSE lies on this distribution: 38% of detached houses houses are smaller than 23 TWO TREES CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Hopwas.

23 TWO TREES CLOSE: Plot and Title Map

23 TWO TREES CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 23 TWO TREES 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 TWO TREES 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 TWO TREES CLOSE?

23 TWO TREES CLOSE is located in HOPWAS, in the B78 postcode district. The below map shows the position of No. 23 on TWO TREES CLOSE.