9, ORMONDS CLOSE, LICHFIELD, WS13 8EG - £165,000

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.

9 ORMONDS CLOSE is a very small terraced house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £314,701. It was last sold for £165,000 in May 2011, which was around 26% above the average May 2011 terraced price in the Lichfield local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was B.

9 ORMONDS CLOSE Sold Prices

Land registry data shows three sales for 9 ORMONDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. All of the three 9 ORMONDS CLOSE 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
2011 6 MAY	£165,000	£131,024	26% above HPI
2004 12 MAR	£136,000	£107,599	26% above HPI
2001 27 APR	£86,000	£66,607	29% above HPI

9 ORMONDS CLOSE 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 three 9 ORMONDS CLOSE sales between April 2001 and May 2011 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 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2011 sale, which was also at 26% above the HPI.

What might 9 ORMONDS CLOSE be worth now?

9 ORMONDS CLOSE might now be worth an estimated £314,701.

This is based on house price inflation of 90.7%, between May 2011 and April 2026, 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 90.7% inflationary increase is applied to the most recent sale price for 9 ORMONDS CLOSE of £165,000 on 6th May 2011. For the value to have increased from £165,000 to £314,701 over the fifteen years and one month to April 2026, the following assumptions must hold true:

• The value of 9 ORMONDS CLOSE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The May 2011 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ORMONDS CLOSE has not materially changed since May 2011.

How Large is 9 ORMONDS CLOSE?

9 ORMONDS CLOSE is 55m² according to the EPC inspection conducted in June 2010. 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 9 ORMONDS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 9 ORMONDS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

9 ORMONDS CLOSE: Plot and Title Map

9 ORMONDS CLOSE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 9 ORMONDS 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 9 ORMONDS 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 9 ORMONDS CLOSE?

9 ORMONDS CLOSE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 9 on ORMONDS CLOSE.