14, ORMONDS CLOSE, LICHFIELD, WS13 8EG - £339,500

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.

14 ORMONDS CLOSE is a detached house, which could now be worth an estimated £626,903. It was last sold for £339,500 in August 2011, which was around 20% above the average August 2011 detached price in the Lichfield local authority area.

14 ORMONDS CLOSE Sold Prices

Land registry data shows two sales for 14 ORMONDS 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 14 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 17 AUG	£339,500	£282,922	20% above HPI
2001 28 SEP	£249,950	£161,974	54% above HPI

What might 14 ORMONDS CLOSE be worth now?

14 ORMONDS CLOSE might now be worth an estimated £626,903.

This is based on house price inflation of 84.7%, between August 2011 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 84.7% inflationary increase is applied to the most recent sale price for 14 ORMONDS CLOSE of £339,500 on 17th August 2011. For the value to have increased from £339,500 to £626,903 over the fifteen years and four months to April 2026, the following assumptions must hold true:

• The value of 14 ORMONDS CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2011 sale price of £339,500 represented a fair market value for the property.
• The size, condition, and specification of 14 ORMONDS CLOSE has not materially changed since August 2011.

Where is 14 ORMONDS CLOSE?

14 ORMONDS CLOSE is located in LICHFIELD, in the WS13 postcode district.