24, JORDAN CLOSE, FRADLEY, LICHFIELD, WS13 8PQ - £280,000

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.

24 JORDAN CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £310,125. It was last sold for £280,000 in May 2022, which was around 39% below the average May 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

24 JORDAN CLOSE Sold Prices

Land registry data shows three sales for 24 JORDAN 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 24 JORDAN 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
2022 4 MAY	£280,000	£459,693	39% below HPI
2006 15 SEP	£162,500	£289,941	44% below HPI
1998 7 SEP	£69,000	£126,628	46% below HPI

24 JORDAN 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 24 JORDAN CLOSE sales between September 1998 and May 2022 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 September 2006 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 24 JORDAN CLOSE be worth now?

24 JORDAN CLOSE might now be worth an estimated £310,125.

This is based on house price inflation of 10.8%, between May 2022 and February 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 10.8% inflationary increase is applied to the most recent sale price for 24 JORDAN CLOSE of £280,000 on 4th May 2022. For the value to have increased from £280,000 to £310,125 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 24 JORDAN CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The May 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 24 JORDAN CLOSE has not materially changed since May 2022.

How Large is 24 JORDAN CLOSE?

24 JORDAN CLOSE is 76m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% 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 24 JORDAN CLOSE lies on this distribution: 3% of detached houses houses are smaller than 24 JORDAN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

24 JORDAN CLOSE: Plot and Title Map

24 JORDAN CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 24 JORDAN 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 24 JORDAN 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 24 JORDAN CLOSE?

24 JORDAN CLOSE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 24 on JORDAN CLOSE.