14, NELSON CLOSE, LICHFIELD, WS14 9FJ - £263,500

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 NELSON CLOSE is a large extended terraced house of 130m², built sometime between 2003 and 2006, which could now be worth an estimated £405,925. It was last sold for £263,500 in March 2017, which was around 62% above the average March 2017 terraced price in the Lichfield local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

14 NELSON CLOSE Sold Prices

Land registry data shows two sales for 14 NELSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. Both of the two 14 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
2017 29 MAR	£263,500	£162,218	62% above HPI
2007 26 OCT	£201,995	£145,667	39% above HPI

14 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 two 14 NELSON CLOSE sales from October 2007 and March 2017 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 2007 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2017 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 14 NELSON CLOSE be worth now?

14 NELSON CLOSE might now be worth an estimated £405,925.

This is based on house price inflation of 54.1%, between March 2017 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 54.1% inflationary increase is applied to the most recent sale price for 14 NELSON CLOSE of £263,500 on 29th March 2017. For the value to have increased from £263,500 to £405,925 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of 14 NELSON CLOSE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The March 2017 sale price of £263,500 represented a fair market value for the property.
• The size, condition, and specification of 14 NELSON CLOSE has not materially changed since March 2017.

How Large is 14 NELSON CLOSE?

14 NELSON CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% 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 NELSON CLOSE lies on this distribution: 60% of terraced houses houses are smaller than 14 NELSON CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

14 NELSON CLOSE: Plot and Title Map

14 NELSON CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 14 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 14 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 14 NELSON CLOSE?

14 NELSON CLOSE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 14 on NELSON CLOSE.