3, CROMWELLS MEADOW, LICHFIELD, WS14 9EW - £585,000

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.

3 CROMWELLS MEADOW is a very large extended detached house of 323m², built sometime between 1950 and 1966, which could now be worth an estimated £765,928. It was last sold for £585,000 in June 2018, which was around 53% above the average June 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was C.

3 CROMWELLS MEADOW Sold Prices

Land registry data shows three sales for 3 CROMWELLS MEADOW 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 3 CROMWELLS MEADOW 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
2018 15 JUN	£585,000	£383,152	53% above HPI
2005 8 APR	£299,950	£271,140	11% above HPI
1998 6 NOV	£143,500	£126,328	14% above HPI

3 CROMWELLS MEADOW 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 3 CROMWELLS MEADOW sales between November 1998 and June 2018 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 April 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2018 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 3 CROMWELLS MEADOW be worth now?

3 CROMWELLS MEADOW might now be worth an estimated £765,928.

This is based on house price inflation of 30.9%, between June 2018 and June 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 30.9% inflationary increase is applied to the most recent sale price for 3 CROMWELLS MEADOW of £585,000 on 15th June 2018. For the value to have increased from £585,000 to £765,928 over the seven years to June 2025, the following assumptions must hold true:

• The value of 3 CROMWELLS MEADOW has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The June 2018 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CROMWELLS MEADOW has not materially changed since June 2018.

How Large is 3 CROMWELLS MEADOW?

3 CROMWELLS MEADOW is 323m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lichfield, and where 3 CROMWELLS MEADOW lies on this distribution: 99% of detached houses houses are smaller than 3 CROMWELLS MEADOW, and 1% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

3 CROMWELLS MEADOW: Plot and Title Map

3 CROMWELLS MEADOW sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 3 CROMWELLS MEADOW, 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 3 CROMWELLS MEADOW). 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 3 CROMWELLS MEADOW?

3 CROMWELLS MEADOW is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 3 on CROMWELLS MEADOW.