8, WORCESTER CLOSE, LICHFIELD, WS13 7SP - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 WORCESTER CLOSE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £275,000 in November 2020, which was around 32% below the average November 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

8 WORCESTER CLOSE Sold Prices

Land registry data shows two sales for 8 WORCESTER 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 WORCESTER 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
2020 20 NOV	£275,000	£402,911	32% below HPI
2015 16 OCT	£230,000	£334,130	31% below HPI

8 WORCESTER 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 WORCESTER CLOSE sales from October 2015 and November 2020 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 October 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 WORCESTER CLOSE?

8 WORCESTER CLOSE is 82m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 8 WORCESTER CLOSE lies on this distribution: 13% of detached houses are smaller than 8 WORCESTER CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 WORCESTER CLOSE: Plot and Title Map

8 WORCESTER CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 8 WORCESTER 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 WORCESTER 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 WORCESTER CLOSE?

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