11, SHAW CLOSE, LICHFIELD, WS13 8SB - £340,000

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.

11 SHAW CLOSE is a very small detached house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £464,008. It was last sold for £340,000 in November 2019, which was around 11% below the average November 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

11 SHAW CLOSE Sold Prices

Land registry data shows four sales for 11 SHAW CLOSE 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 11 SHAW 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
2019 1 NOV	£340,000	£382,808	11% below HPI
2000 24 AUG	£139,500	£148,348	6% below HPI
1998 21 SEP	£124,500	£126,628	2% below HPI
1996 9 AUG	£91,000	£99,605	9% below HPI

11 SHAW 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 four 11 SHAW CLOSE sales between August 1996 and November 2019 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 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 11 SHAW CLOSE be worth now?

11 SHAW CLOSE might now be worth an estimated £464,008.

This is based on house price inflation of 36.5%, between November 2019 and April 2026, 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 36.5% inflationary increase is applied to the most recent sale price for 11 SHAW CLOSE of £340,000 on 1st November 2019. For the value to have increased from £340,000 to £464,008 over the seven years and seven months to April 2026, the following assumptions must hold true:

• The value of 11 SHAW CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2019 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SHAW CLOSE has not materially changed since November 2019.

How Large is 11 SHAW CLOSE?

11 SHAW CLOSE is 90m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 11 SHAW CLOSE lies on this distribution: 8% of detached houses houses are smaller than 11 SHAW CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Fradley.

11 SHAW CLOSE: Plot and Title Map

11 SHAW CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 11 SHAW 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 11 SHAW 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 11 SHAW CLOSE?

11 SHAW CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 11 on SHAW CLOSE.