7, ALEXANDER CLOSE, LICHFIELD, WS13 8SH - £365,000

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.

7 ALEXANDER CLOSE is a small extended detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £431,312. It was last sold for £365,000 in November 2021, which was around 17% below the average November 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

7 ALEXANDER CLOSE Sold Prices

Land registry data shows two sales for 7 ALEXANDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 7 ALEXANDER 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
2021 1 NOV	£365,000	£442,108	17% below HPI
1998 19 MAY	£92,950	£112,470	17% below HPI

7 ALEXANDER 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 two 7 ALEXANDER CLOSE sales from May 1998 and November 2021 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 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2021 sale, which was also at 17% below the HPI.

What might 7 ALEXANDER CLOSE be worth now?

7 ALEXANDER CLOSE might now be worth an estimated £431,312.

This is based on house price inflation of 18.2%, between November 2021 and April 2026, 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 18.2% inflationary increase is applied to the most recent sale price for 7 ALEXANDER CLOSE of £365,000 on 1st November 2021. For the value to have increased from £365,000 to £431,312 over the five years and seven months to April 2026, the following assumptions must hold true:

• The value of 7 ALEXANDER CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ALEXANDER CLOSE has not materially changed since November 2021.

How Large is 7 ALEXANDER CLOSE?

7 ALEXANDER CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% 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 7 ALEXANDER CLOSE lies on this distribution: 30% of detached houses houses are smaller than 7 ALEXANDER CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

7 ALEXANDER CLOSE: Plot and Title Map

7 ALEXANDER CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 7 ALEXANDER 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 7 ALEXANDER 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 7 ALEXANDER CLOSE?

7 ALEXANDER CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 7 on ALEXANDER CLOSE.