2, ALEXANDER CLOSE, LICHFIELD, WS13 8SH - £237,600

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.

2 ALEXANDER CLOSE is a very small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £371,501. It was last sold for £237,600 in July 2015, which was around 29% below the average July 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was A.

2 ALEXANDER CLOSE Sold Prices

Land registry data shows three sales for 2 ALEXANDER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 2 ALEXANDER 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
2015 30 JUL	£237,600	£334,129	29% below HPI
2004 12 NOV	£182,000	£263,926	31% below HPI
1997 28 AUG	£92,800	£109,751	15% below HPI

2 ALEXANDER 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 three 2 ALEXANDER CLOSE sales between August 1997 and July 2015 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 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 ALEXANDER CLOSE be worth now?

2 ALEXANDER CLOSE might now be worth an estimated £371,501.

This is based on house price inflation of 56.4%, between July 2015 and April 2026, 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 56.4% inflationary increase is applied to the most recent sale price for 2 ALEXANDER CLOSE of £237,600 on 30th July 2015. For the value to have increased from £237,600 to £371,501 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of 2 ALEXANDER CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The July 2015 sale price of £237,600 represented a fair market value for the property.
• The size, condition, and specification of 2 ALEXANDER CLOSE has not materially changed since July 2015.

How Large is 2 ALEXANDER CLOSE?

2 ALEXANDER CLOSE is 88m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fradley South, and where 2 ALEXANDER CLOSE lies on this distribution: 12% of detached houses houses are smaller than 2 ALEXANDER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

2 ALEXANDER CLOSE: Plot and Title Map

2 ALEXANDER CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 2 ALEXANDER 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 2 ALEXANDER 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 2 ALEXANDER CLOSE?

2 ALEXANDER CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 2 on ALEXANDER CLOSE.