5, HOLYWELL RISE, LICHFIELD, WS14 9SW - £240,000

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 HOLYWELL RISE is a small extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £423,031. It was last sold for £240,000 in September 2011, which was around 17% below the average September 2011 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

5 HOLYWELL RISE Sold Prices

Land registry data shows two sales for 5 HOLYWELL RISE 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 5 HOLYWELL RISE sales were 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
2011 2 SEP	£240,000	£288,859	17% below HPI
2009 30 SEP	£230,000	£265,173	13% below HPI

5 HOLYWELL RISE 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 5 HOLYWELL RISE sales from September 2009 and September 2011 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2011 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 5 HOLYWELL RISE be worth now?

5 HOLYWELL RISE might now be worth an estimated £423,031.

This is based on house price inflation of 76.3%, between September 2011 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 76.3% inflationary increase is applied to the most recent sale price for 5 HOLYWELL RISE of £240,000 on 2nd September 2011. For the value to have increased from £240,000 to £423,031 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 HOLYWELL RISE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2011 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HOLYWELL RISE has not materially changed since September 2011.

How Large is 5 HOLYWELL RISE?

5 HOLYWELL RISE is 106m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 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 5 HOLYWELL RISE lies on this distribution: 37% of detached houses houses are smaller than 5 HOLYWELL RISE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

5 HOLYWELL RISE: Plot and Title Map

5 HOLYWELL RISE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 5 HOLYWELL RISE, 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 HOLYWELL RISE). 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 HOLYWELL RISE?

5 HOLYWELL RISE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 5 on HOLYWELL RISE.