8, TRENANCE CLOSE, LICHFIELD, WS14 9SJ - £270,000

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

8 TRENANCE CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £401,843. It was last sold for £270,000 in April 2017, which was around 22% below the average April 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

8 TRENANCE CLOSE Sold Prices

Land registry data shows two sales for 8 TRENANCE CLOSE 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 TRENANCE CLOSE 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 28 APR	£270,000	£346,028	22% below HPI
2005 24 AUG	£202,000	£278,028	27% below HPI

8 TRENANCE 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 two 8 TRENANCE CLOSE sales from August 2005 and April 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 August 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 TRENANCE CLOSE be worth now?

8 TRENANCE CLOSE might now be worth an estimated £401,843.

This is based on house price inflation of 48.8%, between April 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 48.8% inflationary increase is applied to the most recent sale price for 8 TRENANCE CLOSE of £270,000 on 28th April 2017. For the value to have increased from £270,000 to £401,843 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 8 TRENANCE CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The April 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TRENANCE CLOSE has not materially changed since April 2017.

How Large is 8 TRENANCE CLOSE?

8 TRENANCE CLOSE is 58m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% 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 TRENANCE CLOSE lies on this distribution: 2% of detached houses houses are smaller than 8 TRENANCE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 TRENANCE CLOSE: Plot and Title Map

8 TRENANCE CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 8 TRENANCE 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 8 TRENANCE 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 8 TRENANCE CLOSE?

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