4, CHARNWOOD CLOSE, LICHFIELD, WS13 6BU - £315,000

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.

4 CHARNWOOD CLOSE is a very large extended detached house of 263m², built sometime between 1967 and 1975, which could now be worth an estimated £496,290. It was last sold for £315,000 in January 2015, which was around 3% below the average January 2015 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 C.

4 CHARNWOOD CLOSE Sold Prices

Land registry data shows two sales for 4 CHARNWOOD 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. One of the two 4 CHARNWOOD CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2015 14 JAN	£315,000	£323,163	3% below HPI
1998 20 FEB	£120,000	£119,461	Close to HPI

4 CHARNWOOD 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 4 CHARNWOOD CLOSE sales from February 1998 and January 2015 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 February 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 4 CHARNWOOD CLOSE be worth now?

4 CHARNWOOD CLOSE might now be worth an estimated £496,290.

This is based on house price inflation of 57.6%, between January 2015 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 57.6% inflationary increase is applied to the most recent sale price for 4 CHARNWOOD CLOSE of £315,000 on 14th January 2015. For the value to have increased from £315,000 to £496,290 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 CHARNWOOD CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The January 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHARNWOOD CLOSE has not materially changed since January 2015.

How Large is 4 CHARNWOOD CLOSE?

4 CHARNWOOD CLOSE is 263m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% 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 4 CHARNWOOD CLOSE lies on this distribution: 98% of detached houses houses are smaller than 4 CHARNWOOD CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

4 CHARNWOOD CLOSE: Plot and Title Map

4 CHARNWOOD CLOSE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 4 CHARNWOOD 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 4 CHARNWOOD 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 4 CHARNWOOD CLOSE?

4 CHARNWOOD CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 4 on CHARNWOOD CLOSE.