41, THE FRIARY, LICHFIELD, WS13 6QH - £498,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 THE FRIARY is a large extended detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £717,481. It was last sold for £498,000 in November 2016, which was around 39% above the average November 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

41 THE FRIARY Sold Prices

Land registry data shows two sales for 41 THE FRIARY 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 41 THE FRIARY 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
2016 29 NOV	£498,000	£357,456	39% above HPI
2012 5 OCT	£322,500	£288,479	12% above HPI

41 THE FRIARY 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 41 THE FRIARY sales from October 2012 and November 2016 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 2012 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2016 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 41 THE FRIARY be worth now?

41 THE FRIARY might now be worth an estimated £717,481.

This is based on house price inflation of 44.1%, between November 2016 and December 2024, 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 44.1% inflationary increase is applied to the most recent sale price for 41 THE FRIARY of £498,000 on 29th November 2016. For the value to have increased from £498,000 to £717,481 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 41 THE FRIARY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2016 sale price of £498,000 represented a fair market value for the property.
• The size, condition, and specification of 41 THE FRIARY has not materially changed since November 2016.

How Large is 41 THE FRIARY?

41 THE FRIARY is 148m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the largest 30% 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 41 THE FRIARY lies on this distribution: 73% of detached houses houses are smaller than 41 THE FRIARY, and 27% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

41 THE FRIARY: Plot and Title Map

41 THE FRIARY sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of 41 THE FRIARY, 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 41 THE FRIARY). 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 41 THE FRIARY?

41 THE FRIARY is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 41 on THE FRIARY.