25, KEAN CLOSE, LICHFIELD, WS13 7EL - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 KEAN CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £260,000 in December 2016, which was around 25% below the average December 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

25 KEAN CLOSE Sold Prices

Land registry data shows three sales for 25 KEAN 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. All of the three 25 KEAN 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
2016 14 DEC	£260,000	£347,698	25% below HPI
2006 18 OCT	£220,000	£282,211	22% below HPI
2002 15 NOV	£162,500	£193,135	16% below HPI

25 KEAN 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 25 KEAN CLOSE sales between November 2002 and December 2016 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 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 25 KEAN CLOSE?

25 KEAN CLOSE is 78m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 25 KEAN CLOSE lies on this distribution: 10% of detached houses are smaller than 25 KEAN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

25 KEAN CLOSE: Plot and Title Map

25 KEAN CLOSE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 25 KEAN 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 25 KEAN 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 25 KEAN CLOSE?

25 KEAN CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 25 on KEAN CLOSE.