38, TOWNFIELDS, LICHFIELD, WS13 8AA - £264,500

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.

38 TOWNFIELDS is a very small extended terraced house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £280,588. It was last sold for £264,500 in July 2022, which was around 18% above the average July 2022 terraced price in the Lichfield local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

38 TOWNFIELDS Sold Prices

Land registry data shows two sales for 38 TOWNFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. Both of the two 38 TOWNFIELDS 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
2022 11 JUL	£264,500	£224,041	18% above HPI
2018 22 MAY	£220,000	£176,813	24% above HPI

38 TOWNFIELDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lichfield local authority area over time, sourced from the HPI. The two 38 TOWNFIELDS sales from May 2018 and July 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 May 2018 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 38 TOWNFIELDS be worth now?

38 TOWNFIELDS might now be worth an estimated £280,588.

This is based on house price inflation of 6.1%, between July 2022 and June 2025, 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 6.1% inflationary increase is applied to the most recent sale price for 38 TOWNFIELDS of £264,500 on 11th July 2022. For the value to have increased from £264,500 to £280,588 over the three years and one month to June 2025, the following assumptions must hold true:

• The value of 38 TOWNFIELDS has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The July 2022 sale price of £264,500 represented a fair market value for the property.
• The size, condition, and specification of 38 TOWNFIELDS has not materially changed since July 2022.

How Large is 38 TOWNFIELDS?

38 TOWNFIELDS is 68m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of terraced houses houses in Lichfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lichfield, and where 38 TOWNFIELDS lies on this distribution: 4% of terraced houses houses are smaller than 38 TOWNFIELDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

38 TOWNFIELDS: Plot and Title Map

38 TOWNFIELDS sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 38 TOWNFIELDS, 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 38 TOWNFIELDS). 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 38 TOWNFIELDS?

38 TOWNFIELDS is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 38 on TOWNFIELDS.