3, CAISTOR CLOSE, MILE OAK, TAMWORTH, B78 3PT - £492,500

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.

3 CAISTOR CLOSE is a very large extended detached house of 182m², built sometime between 1983 and 1990, which could now be worth an estimated £580,309. It was last sold for £492,500 in October 2021, which was around 14% above the average October 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

3 CAISTOR CLOSE Sold Prices

Land registry data shows three sales for 3 CAISTOR 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. Two of the three 3 CAISTOR CLOSE sales were for above the average price, whilst one was 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
2021 21 OCT	£492,500	£432,109	14% above HPI
2017 30 JAN	£369,000	£355,424	4% above HPI
1997 22 MAY	£94,950	£107,064	11% below HPI

3 CAISTOR 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 3 CAISTOR CLOSE sales between May 1997 and October 2021 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 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 CAISTOR CLOSE be worth now?

3 CAISTOR CLOSE might now be worth an estimated £580,309.

This is based on house price inflation of 17.8%, between October 2021 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 17.8% inflationary increase is applied to the most recent sale price for 3 CAISTOR CLOSE of £492,500 on 21st October 2021. For the value to have increased from £492,500 to £580,309 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 CAISTOR CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The October 2021 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CAISTOR CLOSE has not materially changed since October 2021.

How Large is 3 CAISTOR CLOSE?

3 CAISTOR CLOSE is 182m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fazeley, and where 3 CAISTOR CLOSE lies on this distribution: 90% of detached houses houses are smaller than 3 CAISTOR CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

3 CAISTOR CLOSE: Plot and Title Map

3 CAISTOR CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 3 CAISTOR 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 CAISTOR 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 CAISTOR CLOSE?

3 CAISTOR CLOSE is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 3 on CAISTOR CLOSE.