16, WORCESTER CLOSE, LICHFIELD, WS13 7SP - £200,000

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 WORCESTER CLOSE is a detached house, which could now be worth an estimated £365,569. It was last sold for £200,000 in January 2007, which was around 30% below the average January 2007 detached price in the Lichfield local authority area.

16 WORCESTER CLOSE Sold Prices

Land registry data shows two sales for 16 WORCESTER 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 16 WORCESTER 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
2007 12 JAN	£200,000	£285,817	30% below HPI
2003 31 JAN	£125,000	£205,325	39% below HPI

What might 16 WORCESTER CLOSE be worth now?

16 WORCESTER CLOSE might now be worth an estimated £365,569.

This is based on house price inflation of 82.8%, between January 2007 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 82.8% inflationary increase is applied to the most recent sale price for 16 WORCESTER CLOSE of £200,000 on 12th January 2007. For the value to have increased from £200,000 to £365,569 over the eighteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 16 WORCESTER CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The January 2007 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WORCESTER CLOSE has not materially changed since January 2007.

Where is 16 WORCESTER CLOSE?

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