34, LINCOLN CLOSE, LICHFIELD, WS13 7SW - £290,000

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.

34 LINCOLN CLOSE is a midsized extended detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £412,025. It was last sold for £290,000 in September 2016, which was around 19% below the average September 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

34 LINCOLN CLOSE Sold Prices

Land registry data shows two sales for 34 LINCOLN 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 34 LINCOLN 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 29 SEP	£290,000	£358,361	19% below HPI
2012 26 JAN	£215,000	£297,496	28% below HPI

34 LINCOLN 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 34 LINCOLN CLOSE sales from January 2012 and September 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 January 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 34 LINCOLN CLOSE be worth now?

34 LINCOLN CLOSE might now be worth an estimated £412,025.

This is based on house price inflation of 42.1%, between September 2016 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 42.1% inflationary increase is applied to the most recent sale price for 34 LINCOLN CLOSE of £290,000 on 29th September 2016. For the value to have increased from £290,000 to £412,025 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 34 LINCOLN CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2016 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 34 LINCOLN CLOSE has not materially changed since September 2016.

How Large is 34 LINCOLN CLOSE?

34 LINCOLN CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the smallest 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 34 LINCOLN CLOSE lies on this distribution: 43% of detached houses houses are smaller than 34 LINCOLN CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

34 LINCOLN CLOSE: Plot and Title Map

34 LINCOLN CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 34 LINCOLN 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 34 LINCOLN 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 34 LINCOLN CLOSE?

34 LINCOLN CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 34 on LINCOLN CLOSE.