16, ROWAN CLOSE, LICHFIELD, WS13 6ES - £195,000

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.

16 ROWAN CLOSE is a midsized extended terraced house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £315,537. It was last sold for £195,000 in November 2014, which was around 26% above the average November 2014 terraced price in the Lichfield local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

16 ROWAN CLOSE Sold Prices

Land registry data shows one sale for 16 ROWAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 18 NOV	£195,000	£154,810	26% above HPI

What might 16 ROWAN CLOSE be worth now?

16 ROWAN CLOSE might now be worth an estimated £315,537.

This is based on house price inflation of 61.8%, between November 2014 and May 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 61.8% inflationary increase is applied to the most recent sale price for 16 ROWAN CLOSE of £195,000 on 18th November 2014. For the value to have increased from £195,000 to £315,537 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 16 ROWAN CLOSE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The November 2014 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ROWAN CLOSE has not materially changed since November 2014.

How Large is 16 ROWAN CLOSE?

16 ROWAN CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of terraced houses in Lichfield, based on EPC data. The below chart shows the distribution of terraced houses by size in Lichfield, and where 16 ROWAN CLOSE lies on this distribution: 50% of terraced houses are smaller than 16 ROWAN CLOSE, and 48% of terraced houses are larger. Note that EPC data is not available for all properties in Lichfield.

16 ROWAN CLOSE: Plot

16 ROWAN CLOSE sits on a plot of roughly 0.048 of an acre, or 196m².

Where is 16 ROWAN CLOSE?

16 ROWAN CLOSE is located in LICHFIELD, in the WS13 postcode district.