5, CHARNWOOD CLOSE, LICHFIELD, WS13 6BU - £391,000

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.

5 CHARNWOOD CLOSE is a small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £652,050. It was last sold for £391,000 in March 2014, which was around 28% above the average March 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

5 CHARNWOOD CLOSE Sold Prices

Land registry data shows three sales for 5 CHARNWOOD 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. Two of the three 5 CHARNWOOD CLOSE sales were for above the average price, whilst one was 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
2014 31 MAR	£391,000	£305,311	28% above HPI
2009 14 SEP	£345,000	£265,173	30% above HPI
2004 1 OCT	£200,000	£266,695	25% below HPI

5 CHARNWOOD 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 5 CHARNWOOD CLOSE sales between October 2004 and March 2014 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 September 2009 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2014 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 5 CHARNWOOD CLOSE be worth now?

5 CHARNWOOD CLOSE might now be worth an estimated £652,050.

This is based on house price inflation of 66.8%, between March 2014 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 66.8% inflationary increase is applied to the most recent sale price for 5 CHARNWOOD CLOSE of £391,000 on 31st March 2014. For the value to have increased from £391,000 to £652,050 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 5 CHARNWOOD CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The March 2014 sale price of £391,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHARNWOOD CLOSE has not materially changed since March 2014.

How Large is 5 CHARNWOOD CLOSE?

5 CHARNWOOD CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 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 5 CHARNWOOD CLOSE lies on this distribution: 21% of detached houses houses are smaller than 5 CHARNWOOD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

5 CHARNWOOD CLOSE: Plot and Title Map

5 CHARNWOOD CLOSE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 5 CHARNWOOD 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 5 CHARNWOOD 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 5 CHARNWOOD CLOSE?

5 CHARNWOOD CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 5 on CHARNWOOD CLOSE.