28, SPEARHILL, LICHFIELD, WS14 9UD - £331,500

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

28 SPEARHILL is a midsized detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £456,606. It was last sold for £331,500 in December 2017, which was around 10% below the average December 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

28 SPEARHILL Sold Prices

Land registry data shows three sales for 28 SPEARHILL 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 28 SPEARHILL 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
2017 15 DEC	£331,500	£369,648	10% below HPI
2004 24 JUN	£237,000	£245,430	3% below HPI
2003 23 SEP	£206,000	£226,763	9% below HPI

28 SPEARHILL 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 28 SPEARHILL sales between September 2003 and December 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 June 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 28 SPEARHILL be worth now?

28 SPEARHILL might now be worth an estimated £456,606.

This is based on house price inflation of 37.7%, between December 2017 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 37.7% inflationary increase is applied to the most recent sale price for 28 SPEARHILL of £331,500 on 15th December 2017. For the value to have increased from £331,500 to £456,606 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 28 SPEARHILL has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2017 sale price of £331,500 represented a fair market value for the property.
• The size, condition, and specification of 28 SPEARHILL has not materially changed since December 2017.

How Large is 28 SPEARHILL?

28 SPEARHILL is 120m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% 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 28 SPEARHILL lies on this distribution: 50% of detached houses houses are smaller than 28 SPEARHILL, and 49% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

28 SPEARHILL: Plot and Title Map

28 SPEARHILL sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 28 SPEARHILL, 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 28 SPEARHILL). 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 28 SPEARHILL?

28 SPEARHILL is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 28 on SPEARHILL.