7, WILLOW CLOSE, LICHFIELD, WS13 8RW - £395,000

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.

7 WILLOW CLOSE is a very small extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £575,335. It was last sold for £395,000 in June 2017, which was around 13% above the average June 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

7 WILLOW CLOSE Sold Prices

Land registry data shows three sales for 7 WILLOW 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. All of the three 7 WILLOW CLOSE 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
2017 29 JUN	£395,000	£349,561	13% above HPI
2002 29 MAY	£178,000	£171,585	4% above HPI
1998 8 AUG	£130,000	£127,032	2% above HPI

7 WILLOW 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 7 WILLOW CLOSE sales between August 1998 and June 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 May 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 7 WILLOW CLOSE be worth now?

7 WILLOW CLOSE might now be worth an estimated £575,335.

This is based on house price inflation of 45.7%, between June 2017 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 45.7% inflationary increase is applied to the most recent sale price for 7 WILLOW CLOSE of £395,000 on 29th June 2017. For the value to have increased from £395,000 to £575,335 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 7 WILLOW CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The June 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WILLOW CLOSE has not materially changed since June 2017.

How Large is 7 WILLOW CLOSE?

7 WILLOW CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fradley, and where 7 WILLOW CLOSE lies on this distribution: 17% of detached houses houses are smaller than 7 WILLOW CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Fradley.

7 WILLOW CLOSE: Plot and Title Map

7 WILLOW CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 7 WILLOW 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 7 WILLOW 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 7 WILLOW CLOSE?

7 WILLOW CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 7 on WILLOW CLOSE.