12, NELSON CLOSE, LICHFIELD, WS14 9FJ - £210,000

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.

12 NELSON CLOSE is a very small terraced house of 63m², built sometime between 2003 and 2006, which could now be worth an estimated £289,356. It was last sold for £210,000 in January 2019, which was around 16% above the average January 2019 terraced price in the Lichfield local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was B.

12 NELSON CLOSE Sold Prices

Land registry data shows three sales for 12 NELSON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. All of the three 12 NELSON CLOSE 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
2019 3 JAN	£210,000	£181,364	16% above HPI
2009 27 NOV	£149,950	£133,438	12% above HPI
2007 30 MAR	£169,995	£142,233	20% above HPI

12 NELSON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lichfield local authority area over time, sourced from the HPI. The three 12 NELSON CLOSE sales between March 2007 and January 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 November 2009 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 12 NELSON CLOSE be worth now?

12 NELSON CLOSE might now be worth an estimated £289,356.

This is based on house price inflation of 37.8%, between January 2019 and April 2026, for terraced 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 37.8% inflationary increase is applied to the most recent sale price for 12 NELSON CLOSE of £210,000 on 3rd January 2019. For the value to have increased from £210,000 to £289,356 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 12 NELSON CLOSE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The January 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NELSON CLOSE has not materially changed since January 2019.

How Large is 12 NELSON CLOSE?

12 NELSON CLOSE is 63m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of terraced houses houses in Lichfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lichfield, and where 12 NELSON CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 12 NELSON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

12 NELSON CLOSE: Plot and Title Map

12 NELSON CLOSE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 12 NELSON 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 12 NELSON 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 12 NELSON CLOSE?

12 NELSON CLOSE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 12 on NELSON CLOSE.