2, BROADBENT CLOSE, LICHFIELD, WS13 6LS - £202,000

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.

2 BROADBENT CLOSE is a very small terraced house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £314,761. It was last sold for £202,000 in April 2015, which was around 32% above the average April 2015 terraced price in the Lichfield local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was B.

2 BROADBENT CLOSE Sold Prices

Land registry data shows three sales for 2 BROADBENT CLOSE 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 2 BROADBENT 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
2015 17 APR	£202,000	£152,525	32% above HPI
2012 22 MAR	£180,000	£135,946	32% above HPI
2009 2 OCT	£165,000	£130,070	27% above HPI

2 BROADBENT 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 three 2 BROADBENT CLOSE sales between October 2009 and April 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 March 2012 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2015 sale, which was also at 32% above the HPI.

What might 2 BROADBENT CLOSE be worth now?

2 BROADBENT CLOSE might now be worth an estimated £314,761.

This is based on house price inflation of 55.8%, between April 2015 and June 2025, 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 55.8% inflationary increase is applied to the most recent sale price for 2 BROADBENT CLOSE of £202,000 on 17th April 2015. For the value to have increased from £202,000 to £314,761 over the nine years and ten months to June 2025, the following assumptions must hold true:

• The value of 2 BROADBENT CLOSE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The April 2015 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROADBENT CLOSE has not materially changed since April 2015.

How Large is 2 BROADBENT CLOSE?

2 BROADBENT CLOSE is 79m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% 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 2 BROADBENT CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 2 BROADBENT CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

2 BROADBENT CLOSE: Plot and Title Map

2 BROADBENT CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 2 BROADBENT 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 BROADBENT 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 BROADBENT CLOSE?

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