2, BROOK CLOSE, LICHFIELD, WS13 7ES - £245,000

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 BROOK CLOSE is a very small terraced house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £394,003. It was last sold for £245,000 in April 2016, which was around 58% above the average April 2016 terraced price in the Lichfield local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

2 BROOK CLOSE Sold Prices

Land registry data shows one sale for 2 BROOK CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 29 APR	£245,000	£155,393	58% above HPI

What might 2 BROOK CLOSE be worth now?

2 BROOK CLOSE might now be worth an estimated £394,003.

This is based on house price inflation of 60.8%, between April 2016 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 60.8% inflationary increase is applied to the most recent sale price for 2 BROOK CLOSE of £245,000 on 29th April 2016. For the value to have increased from £245,000 to £394,003 over the ten years to April 2026, the following assumptions must hold true:

• The value of 2 BROOK CLOSE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The April 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROOK CLOSE has not materially changed since April 2016.

How Large is 2 BROOK CLOSE?

2 BROOK CLOSE is 58m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of terraced houses in Lichfield, based on EPC data. The below chart shows the distribution of terraced houses by size in Lichfield, and where 2 BROOK CLOSE lies on this distribution: 13% of terraced houses are smaller than 2 BROOK CLOSE, and 86% of terraced houses are larger. Note that EPC data is not available for all properties in Lichfield.

2 BROOK CLOSE: Plot

2 BROOK CLOSE sits on a plot of roughly 0.062 of an acre, or 252m².

Where is 2 BROOK CLOSE?

2 BROOK CLOSE is located in LICHFIELD, in the WS13 postcode district.