3, GLOUCESTER CLOSE, LICHFIELD, WS13 7SS - £242,500

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

3 GLOUCESTER CLOSE is a very small detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £360,302. It was last sold for £242,500 in June 2016, which was around 30% below the average June 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

3 GLOUCESTER CLOSE Sold Prices

Land registry data shows two sales for 3 GLOUCESTER 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 3 GLOUCESTER 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 3 JUN	£242,500	£346,616	30% below HPI
2007 8 JUN	£196,000	£299,858	35% below HPI

3 GLOUCESTER 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 3 GLOUCESTER CLOSE sales from June 2007 and June 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 June 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2016 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 GLOUCESTER CLOSE be worth now?

3 GLOUCESTER CLOSE might now be worth an estimated £360,302.

This is based on house price inflation of 48.6%, between June 2016 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 48.6% inflationary increase is applied to the most recent sale price for 3 GLOUCESTER CLOSE of £242,500 on 3rd June 2016. For the value to have increased from £242,500 to £360,302 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 3 GLOUCESTER CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The June 2016 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GLOUCESTER CLOSE has not materially changed since June 2016.

How Large is 3 GLOUCESTER CLOSE?

3 GLOUCESTER CLOSE is 83m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% 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 3 GLOUCESTER CLOSE lies on this distribution: 14% of detached houses houses are smaller than 3 GLOUCESTER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

3 GLOUCESTER CLOSE: Plot and Title Map

3 GLOUCESTER CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 3 GLOUCESTER 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 GLOUCESTER 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 GLOUCESTER CLOSE?

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