7, MAIN STREET, SHENSTONE, LICHFIELD, WS14 0LZ - £290,000

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 MAIN STREET is a very small terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £353,035. It was last sold for £290,000 in December 2020, which was around 49% above the average December 2020 terraced price in the Lichfield local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

7 MAIN STREET Sold Prices

Land registry data shows two sales for 7 MAIN STREET 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 7 MAIN STREET 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
2020 17 DEC	£290,000	£195,232	49% above HPI
2017 11 MAY	£240,000	£161,888	48% above HPI

7 MAIN STREET 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 7 MAIN STREET sales from May 2017 and December 2020 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 2017 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the December 2020 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 MAIN STREET be worth now?

7 MAIN STREET might now be worth an estimated £353,035.

This is based on house price inflation of 21.7%, between December 2020 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 21.7% inflationary increase is applied to the most recent sale price for 7 MAIN STREET of £290,000 on 17th December 2020. For the value to have increased from £290,000 to £353,035 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 7 MAIN STREET has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The December 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MAIN STREET has not materially changed since December 2020.

How Large is 7 MAIN STREET?

7 MAIN STREET is 85m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of terraced houses houses in Shenstone, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shenstone, and where 7 MAIN STREET lies on this distribution: 5% of terraced houses houses are smaller than 7 MAIN STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Shenstone.

7 MAIN STREET: Plot and Title Map

7 MAIN STREET sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 7 MAIN STREET, 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 MAIN STREET). 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 MAIN STREET?

7 MAIN STREET is located in SHENSTONE, in the WS14 postcode district. The below map shows the position of No. 7 on MAIN STREET.