16, LOMAX CLOSE, LICHFIELD, WS13 7EY - £213,000

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.

16 LOMAX CLOSE is a small extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £381,425. It was last sold for £213,000 in May 2011, which was around 24% below the average May 2011 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

16 LOMAX CLOSE Sold Prices

Land registry data shows two sales for 16 LOMAX CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 16 LOMAX 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
2011 26 MAY	£213,000	£280,139	24% below HPI
2007 19 DEC	£250,000	£312,327	20% below HPI

16 LOMAX 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 two 16 LOMAX CLOSE sales from December 2007 and May 2011 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 December 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 16 LOMAX CLOSE be worth now?

16 LOMAX CLOSE might now be worth an estimated £381,425.

This is based on house price inflation of 79.1%, between May 2011 and June 2025, 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 79.1% inflationary increase is applied to the most recent sale price for 16 LOMAX CLOSE of £213,000 on 26th May 2011. For the value to have increased from £213,000 to £381,425 over the thirteen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 16 LOMAX CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The May 2011 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LOMAX CLOSE has not materially changed since May 2011.

How Large is 16 LOMAX CLOSE?

16 LOMAX CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lichfield, and where 16 LOMAX CLOSE lies on this distribution: 30% of detached houses houses are smaller than 16 LOMAX CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

16 LOMAX CLOSE: Plot and Title Map

16 LOMAX CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 16 LOMAX 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 16 LOMAX 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 16 LOMAX CLOSE?

16 LOMAX CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 16 on LOMAX CLOSE.