50, REDLOCK FIELD, LICHFIELD, WS14 0AB - £265,000

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

50 REDLOCK FIELD is a very small detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £369,200. It was last sold for £265,000 in December 2017, which was around 28% below the average December 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

50 REDLOCK FIELD Sold Prices

Land registry data shows two sales for 50 REDLOCK FIELD 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 50 REDLOCK FIELD 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
2017 6 DEC	£265,000	£369,648	28% below HPI
2007 22 JUN	£216,500	£299,858	28% below HPI

50 REDLOCK FIELD 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 50 REDLOCK FIELD sales from June 2007 and December 2017 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 June 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2017 sale, which was also at 28% below the HPI.

What might 50 REDLOCK FIELD be worth now?

50 REDLOCK FIELD might now be worth an estimated £369,200.

This is based on house price inflation of 39.3%, between December 2017 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 39.3% inflationary increase is applied to the most recent sale price for 50 REDLOCK FIELD of £265,000 on 6th December 2017. For the value to have increased from £265,000 to £369,200 over the seven years to December 2024, the following assumptions must hold true:

• The value of 50 REDLOCK FIELD has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 50 REDLOCK FIELD has not materially changed since December 2017.

How Large is 50 REDLOCK FIELD?

50 REDLOCK FIELD is 87m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% 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 50 REDLOCK FIELD lies on this distribution: 18% of detached houses houses are smaller than 50 REDLOCK FIELD, and 82% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

50 REDLOCK FIELD: Plot and Title Map

50 REDLOCK FIELD sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 50 REDLOCK FIELD, 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 50 REDLOCK FIELD). 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 50 REDLOCK FIELD?

50 REDLOCK FIELD is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 50 on REDLOCK FIELD.