15, TRUNKFIELD MEADOW, LICHFIELD, WS13 8FL - £310,000

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.

15 TRUNKFIELD MEADOW is a midsized terraced house of 118m², built sometime between 2003 and 2006, which could now be worth an estimated £470,550. It was last sold for £310,000 in January 2017, which was around 88% above the average January 2017 terraced price in the Lichfield local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was B.

15 TRUNKFIELD MEADOW Sold Prices

Land registry data shows three sales for 15 TRUNKFIELD MEADOW 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 15 TRUNKFIELD MEADOW 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 17 JAN	£310,000	£165,033	88% above HPI
2010 25 JUN	£220,000	£138,304	59% above HPI
2005 16 DEC	£236,000	£134,218	76% above HPI

15 TRUNKFIELD MEADOW 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 15 TRUNKFIELD MEADOW sales between December 2005 and January 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 June 2010 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the January 2017 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might 15 TRUNKFIELD MEADOW be worth now?

15 TRUNKFIELD MEADOW might now be worth an estimated £470,550.

This is based on house price inflation of 51.8%, between January 2017 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 51.8% inflationary increase is applied to the most recent sale price for 15 TRUNKFIELD MEADOW of £310,000 on 17th January 2017. For the value to have increased from £310,000 to £470,550 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 15 TRUNKFIELD MEADOW has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The January 2017 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TRUNKFIELD MEADOW has not materially changed since January 2017.

How Large is 15 TRUNKFIELD MEADOW?

15 TRUNKFIELD MEADOW is 118m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 50% 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 15 TRUNKFIELD MEADOW lies on this distribution: 47% of terraced houses houses are smaller than 15 TRUNKFIELD MEADOW, and 52% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

15 TRUNKFIELD MEADOW: Plot and Title Map

15 TRUNKFIELD MEADOW sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 15 TRUNKFIELD MEADOW, 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 15 TRUNKFIELD MEADOW). 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 15 TRUNKFIELD MEADOW?

15 TRUNKFIELD MEADOW is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 15 on TRUNKFIELD MEADOW.