8, WOODS CROFT, LICHFIELD, WS13 7HB - £468,000

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 WOODS CROFT is a very small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £505,673. It was last sold for £468,000 in December 2023, which was around 1% below the average December 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

8 WOODS CROFT Sold Prices

Land registry data shows four sales for 8 WOODS CROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 8 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
2023 1 DEC	£468,000	£471,219	1% below HPI
2009 22 JUN	£239,750	£256,706	7% below HPI
2004 8 JUL	£219,000	£252,556	13% below HPI
1998 23 DEC	£105,000	£125,025	16% below HPI

8 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 four 8 WOODS CROFT sales between December 1998 and December 2023 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 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 8 WOODS CROFT be worth now?

8 WOODS CROFT might now be worth an estimated £505,673.

This is based on house price inflation of 8%, between December 2023 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 8% inflationary increase is applied to the most recent sale price for 8 WOODS CROFT of £468,000 on 1st December 2023. For the value to have increased from £468,000 to £505,673 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 WOODS CROFT has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2023 sale price of £468,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WOODS CROFT has not materially changed since December 2023.

How Large is 8 WOODS CROFT?

8 WOODS CROFT is 79m² according to the EPC inspection conducted in March 2022. 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 8 WOODS CROFT lies on this distribution: 11% of detached houses houses are smaller than 8 WOODS CROFT, and 89% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 WOODS CROFT: Plot and Title Map

8 WOODS CROFT sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 8 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 8 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 8 WOODS CROFT?

8 WOODS CROFT is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 8 on WOODS CROFT.