4, FRIARY ROAD, LICHFIELD, WS13 6QL - £525,000

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 FRIARY ROAD is a very large extended detached house of 250m², built sometime between 1976 and 1982, which could now be worth an estimated £789,456. It was last sold for £525,000 in June 2015, which was around 55% above the average June 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was B.

4 FRIARY ROAD Sold Prices

Land registry data shows two sales for 4 FRIARY ROAD 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 4 FRIARY ROAD sales were for above 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 26 JUN	£525,000	£338,593	55% above HPI
2003 21 FEB	£250,000	£207,475	20% above HPI

4 FRIARY ROAD 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 FRIARY ROAD sales from February 2003 and June 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 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2015 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 4 FRIARY ROAD be worth now?

4 FRIARY ROAD might now be worth an estimated £789,456.

This is based on house price inflation of 50.4%, between June 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 50.4% inflationary increase is applied to the most recent sale price for 4 FRIARY ROAD of £525,000 on 26th June 2015. For the value to have increased from £525,000 to £789,456 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 4 FRIARY ROAD has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The June 2015 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FRIARY ROAD has not materially changed since June 2015.

How Large is 4 FRIARY ROAD?

4 FRIARY ROAD is 250m², which includes one extension, according to the EPC inspection conducted in April 2015. 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 FRIARY ROAD lies on this distribution: 97% of detached houses houses are smaller than 4 FRIARY ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

4 FRIARY ROAD: Plot and Title Map

4 FRIARY ROAD sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 4 FRIARY ROAD, 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 FRIARY ROAD). 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 FRIARY ROAD?

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