6, WOODS CROFT, LICHFIELD, WS13 7HB - £337,500

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.

6 WOODS CROFT is a very small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £412,976. It was last sold for £337,500 in February 2021, which was around 19% below the average February 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

6 WOODS CROFT Sold Prices

Land registry data shows two sales for 6 WOODS CROFT 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 6 WOODS CROFT 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
2021 5 FEB	£337,500	£416,098	19% below HPI
2006 20 JAN	£229,000	£274,960	17% below HPI

6 WOODS CROFT 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 6 WOODS CROFT sales from January 2006 and February 2021 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 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 6 WOODS CROFT be worth now?

6 WOODS CROFT might now be worth an estimated £412,976.

This is based on house price inflation of 22.4%, between February 2021 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 22.4% inflationary increase is applied to the most recent sale price for 6 WOODS CROFT of £337,500 on 5th February 2021. For the value to have increased from £337,500 to £412,976 over the four years to February 2025, the following assumptions must hold true:

• The value of 6 WOODS CROFT has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The February 2021 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 6 WOODS CROFT has not materially changed since February 2021.

How Large is 6 WOODS CROFT?

6 WOODS CROFT is 83m² according to the EPC inspection conducted in August 2012. 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 6 WOODS CROFT lies on this distribution: 14% of detached houses houses are smaller than 6 WOODS CROFT, and 85% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

6 WOODS CROFT: Plot and Title Map

6 WOODS CROFT sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 6 WOODS CROFT, 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 6 WOODS CROFT). 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 6 WOODS CROFT?

6 WOODS CROFT is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 6 on WOODS CROFT.