8, RYKNILD STREET, LICHFIELD, WS14 9RT - £540,000

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.

8 RYKNILD STREET is a very large extended detached house of 168m², built sometime between 1983 and 1990, which could now be worth an estimated £660,301. It was last sold for £540,000 in April 2021, which was around 30% above the average April 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

8 RYKNILD STREET Sold Prices

Land registry data shows two sales for 8 RYKNILD STREET 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 8 RYKNILD STREET 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
2021 30 APR	£540,000	£416,018	30% above HPI
1998 31 JUL	£162,000	£124,556	30% above HPI

8 RYKNILD STREET 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 8 RYKNILD STREET sales from July 1998 and April 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 July 1998 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the April 2021 sale, which was also at 30% above the HPI.

What might 8 RYKNILD STREET be worth now?

8 RYKNILD STREET might now be worth an estimated £660,301.

This is based on house price inflation of 22.3%, between April 2021 and March 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 22.3% inflationary increase is applied to the most recent sale price for 8 RYKNILD STREET of £540,000 on 30th April 2021. For the value to have increased from £540,000 to £660,301 over the four years and one month to March 2025, the following assumptions must hold true:

• The value of 8 RYKNILD STREET has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The April 2021 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RYKNILD STREET has not materially changed since April 2021.

How Large is 8 RYKNILD STREET?

8 RYKNILD STREET is 168m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 8 RYKNILD STREET lies on this distribution: 82% of detached houses houses are smaller than 8 RYKNILD STREET, and 18% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 RYKNILD STREET: Plot and Title Map

8 RYKNILD STREET sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 8 RYKNILD STREET, 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 8 RYKNILD STREET). 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 8 RYKNILD STREET?

8 RYKNILD STREET is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 8 on RYKNILD STREET.