4, OAKWOOD CLOSE, SHENSTONE, LICHFIELD, WS14 0JJ - £375,000

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 OAKWOOD CLOSE is a midsized extended detached house of 149m², built sometime between 1983 and 1990, which could now be worth an estimated £654,355. It was last sold for £375,000 in September 2008, which was around 29% above the average September 2008 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

4 OAKWOOD CLOSE Sold Prices

Land registry data shows two sales for 4 OAKWOOD 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 OAKWOOD 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
2008 26 SEP	£375,000	£291,786	29% above HPI
1999 29 JAN	£174,500	£122,530	42% above HPI

4 OAKWOOD 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 OAKWOOD CLOSE sales from January 1999 and September 2008 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 1999 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the September 2008 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 4 OAKWOOD CLOSE be worth now?

4 OAKWOOD CLOSE might now be worth an estimated £654,355.

This is based on house price inflation of 74.5%, between September 2008 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 74.5% inflationary increase is applied to the most recent sale price for 4 OAKWOOD CLOSE of £375,000 on 26th September 2008. For the value to have increased from £375,000 to £654,355 over the seventeen years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2008 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKWOOD CLOSE has not materially changed since September 2008.

How Large is 4 OAKWOOD CLOSE?

4 OAKWOOD CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the smallest 50% of detached houses houses in Shenstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shenstone, and where 4 OAKWOOD CLOSE lies on this distribution: 46% of detached houses houses are smaller than 4 OAKWOOD CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Shenstone.

4 OAKWOOD CLOSE: Plot and Title Map

4 OAKWOOD CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 4 OAKWOOD 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 OAKWOOD 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 OAKWOOD CLOSE?

4 OAKWOOD CLOSE is located in SHENSTONE, in the WS14 postcode district. The below map shows the position of No. 4 on OAKWOOD CLOSE.