4, LIGHTWOOD CLOSE, LICHFIELD, WS13 8FG - £350,000

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 LIGHTWOOD CLOSE is a large extended detached house of 140m², built sometime between 2003 and 2006, which could now be worth an estimated £593,928. It was last sold for £350,000 in October 2013, which was around 17% above the average October 2013 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

4 LIGHTWOOD CLOSE Sold Prices

Land registry data shows two sales for 4 LIGHTWOOD 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 4 LIGHTWOOD CLOSE 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
2013 31 OCT	£350,000	£300,041	17% above HPI
2004 29 OCT	£315,000	£266,695	18% above HPI

4 LIGHTWOOD 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 LIGHTWOOD CLOSE sales from October 2004 and October 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 October 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2013 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 4 LIGHTWOOD CLOSE be worth now?

4 LIGHTWOOD CLOSE might now be worth an estimated £593,928.

This is based on house price inflation of 69.7%, between October 2013 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 69.7% inflationary increase is applied to the most recent sale price for 4 LIGHTWOOD CLOSE of £350,000 on 31st October 2013. For the value to have increased from £350,000 to £593,928 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 LIGHTWOOD CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The October 2013 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LIGHTWOOD CLOSE has not materially changed since October 2013.

How Large is 4 LIGHTWOOD CLOSE?

4 LIGHTWOOD CLOSE is 140m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 40% 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 LIGHTWOOD CLOSE lies on this distribution: 68% of detached houses houses are smaller than 4 LIGHTWOOD CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

4 LIGHTWOOD CLOSE: Plot and Title Map

4 LIGHTWOOD CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 4 LIGHTWOOD 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 LIGHTWOOD 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 LIGHTWOOD CLOSE?

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