36, SPRING ROAD, LICHFIELD, WS13 6BJ - £181,000

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.

36 SPRING ROAD is a very small semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £258,746. It was last sold for £181,000 in September 2016, which was around 14% below the average September 2016 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

36 SPRING ROAD Sold Prices

Land registry data shows four sales for 36 SPRING ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lichfield local authority area for the corresponding sale date. The four 36 SPRING ROAD sales were a mix of below the average price, and roughly equal to 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
2016 2 SEP	£181,000	£209,766	14% below HPI
2006 20 MAR	£143,500	£165,638	13% below HPI
2002 6 SEP	£100,000	£107,266	7% below HPI
1998 15 MAY	£63,500	£63,420	Close to HPI

36 SPRING ROAD 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 four 36 SPRING ROAD sales between May 1998 and September 2016 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 36 SPRING ROAD be worth now?

36 SPRING ROAD might now be worth an estimated £258,746.

This is based on house price inflation of 43%, between September 2016 and June 2025, 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 43% inflationary increase is applied to the most recent sale price for 36 SPRING ROAD of £181,000 on 2nd September 2016. For the value to have increased from £181,000 to £258,746 over the nine years and three months to June 2025, the following assumptions must hold true:

• The value of 36 SPRING ROAD has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The September 2016 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 36 SPRING ROAD has not materially changed since September 2016.

How Large is 36 SPRING ROAD?

36 SPRING ROAD is 78m² according to the EPC inspection conducted in March 2016. 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 36 SPRING ROAD lies on this distribution: 9% of semi-detached houses houses are smaller than 36 SPRING ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

36 SPRING ROAD: Plot and Title Map

36 SPRING ROAD sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 36 SPRING ROAD, 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 36 SPRING ROAD). 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 36 SPRING ROAD?

36 SPRING ROAD is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 36 on SPRING ROAD.