2, FORGE LANE, LICHFIELD, WS13 7BE - £170,000

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 FORGE LANE is a very small extended semi-detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £247,349. It was last sold for £170,000 in August 2017, which was around 21% below the average August 2017 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

2 FORGE LANE Sold Prices

Land registry data shows two sales for 2 FORGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 2 FORGE LANE 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
2017 25 AUG	£170,000	£216,259	21% below HPI
2003 28 NOV	£124,950	£134,169	7% below HPI

2 FORGE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 2 FORGE LANE sales from November 2003 and August 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 November 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 FORGE LANE be worth now?

2 FORGE LANE might now be worth an estimated £247,349.

This is based on house price inflation of 45.5%, between August 2017 and April 2026, for semi-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 45.5% inflationary increase is applied to the most recent sale price for 2 FORGE LANE of £170,000 on 25th August 2017. For the value to have increased from £170,000 to £247,349 over the nine years and four months to April 2026, the following assumptions must hold true:

• The value of 2 FORGE LANE has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The August 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORGE LANE has not materially changed since August 2017.

How Large is 2 FORGE LANE?

2 FORGE LANE is 63m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of semi-detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lichfield, and where 2 FORGE LANE lies on this distribution: 3% of semi-detached houses houses are smaller than 2 FORGE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

2 FORGE LANE: Plot and Title Map

2 FORGE LANE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 FORGE LANE, 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 FORGE LANE). 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 FORGE LANE?

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