3, ALEXANDER CLOSE, LICHFIELD, WS13 8SH - £290,000

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

3 ALEXANDER CLOSE is a small detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £314,250. It was last sold for £290,000 in August 2022, which was around 39% below the average August 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

3 ALEXANDER CLOSE Sold Prices

Land registry data shows four sales for 3 ALEXANDER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 3 ALEXANDER 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
2022 26 AUG	£290,000	£475,255	39% below HPI
2006 20 JAN	£167,000	£274,960	39% below HPI
2003 28 MAR	£142,000	£211,292	33% below HPI
1997 21 NOV	£78,950	£107,698	27% below HPI

3 ALEXANDER 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 four 3 ALEXANDER CLOSE sales between November 1997 and August 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 January 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2022 sale, which was also at 39% below the HPI.

What might 3 ALEXANDER CLOSE be worth now?

3 ALEXANDER CLOSE might now be worth an estimated £314,250.

This is based on house price inflation of 8.4%, between August 2022 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 8.4% inflationary increase is applied to the most recent sale price for 3 ALEXANDER CLOSE of £290,000 on 26th August 2022. For the value to have increased from £290,000 to £314,250 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 3 ALEXANDER CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ALEXANDER CLOSE has not materially changed since August 2022.

How Large is 3 ALEXANDER CLOSE?

3 ALEXANDER CLOSE is 103m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% 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 3 ALEXANDER CLOSE lies on this distribution: 23% of detached houses houses are smaller than 3 ALEXANDER CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

3 ALEXANDER CLOSE: Plot and Title Map

3 ALEXANDER CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 3 ALEXANDER 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 3 ALEXANDER 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 3 ALEXANDER CLOSE?

3 ALEXANDER CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 3 on ALEXANDER CLOSE.