4, CHESTER CLOSE, LICHFIELD, WS13 7SX - £160,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 CHESTER CLOSE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £160,000 in March 2013, which was around 42% below the average March 2013 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

4 CHESTER CLOSE Sold Prices

Land registry data shows three sales for 4 CHESTER 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. All of the three 4 CHESTER 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
2013 21 MAR	£160,000	£278,228	42% below HPI
2007 13 JUL	£178,500	£296,058	40% below HPI
1999 23 JUL	£82,000	£122,793	33% below HPI

4 CHESTER 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 4 CHESTER CLOSE sales between July 1999 and March 2013 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 July 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2013 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 4 CHESTER CLOSE?

4 CHESTER CLOSE is 61m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 4 CHESTER CLOSE lies on this distribution: 3% of detached houses are smaller than 4 CHESTER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

4 CHESTER CLOSE: Plot and Title Map

4 CHESTER CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 4 CHESTER 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 CHESTER 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 CHESTER CLOSE?

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