14, FIELD ROAD, LICHFIELD, WS13 7RU - £125,000

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.

14 FIELD ROAD is a very small terraced house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £147,042. It was last sold for £125,000 in March 2022, which was around 41% below the average March 2022 terraced price in the Lichfield local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.

14 FIELD ROAD Sold Prices

Land registry data shows three sales for 14 FIELD ROAD 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 14 FIELD ROAD 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
2022 25 MAR	£125,000	£212,953	41% below HPI
2007 26 APR	£94,000	£145,652	35% below HPI
1995 17 JUL	£32,300	£44,479	27% below HPI

14 FIELD ROAD 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 14 FIELD ROAD sales between July 1995 and March 2022 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 April 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 14 FIELD ROAD be worth now?

14 FIELD ROAD might now be worth an estimated £147,042.

This is based on house price inflation of 17.6%, between March 2022 and May 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 17.6% inflationary increase is applied to the most recent sale price for 14 FIELD ROAD of £125,000 on 25th March 2022. For the value to have increased from £125,000 to £147,042 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 14 FIELD ROAD has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The March 2022 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FIELD ROAD has not materially changed since March 2022.

How Large is 14 FIELD ROAD?

14 FIELD ROAD is 71m² according to the EPC inspection conducted in April 2015. 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 14 FIELD ROAD lies on this distribution: 5% of terraced houses houses are smaller than 14 FIELD ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

14 FIELD ROAD: Plot and Title Map

14 FIELD ROAD sits on a plot of roughly 1.8 acres, or 7,222m². The below map shows the location of 14 FIELD ROAD, 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 14 FIELD ROAD). 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 14 FIELD ROAD?

14 FIELD ROAD is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 14 on FIELD ROAD.