17, ORMONDS CLOSE, LICHFIELD, WS13 8EG - £167,000

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.

17 ORMONDS CLOSE is a detached house, which could now be worth an estimated £508,469. It was last sold for £167,000 in May 2002, which was around 3% below the average May 2002 detached price in the Lichfield local authority area.

17 ORMONDS CLOSE Sold Prices

Land registry data shows two sales for 17 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 17 ORMONDS 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
2002 3 MAY	£167,000	£171,585	3% below HPI
2001 25 MAY	£145,000	£159,790	9% below HPI

What might 17 ORMONDS CLOSE be worth now?

17 ORMONDS CLOSE might now be worth an estimated £508,469.

This is based on house price inflation of 204.5%, between May 2002 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 204.5% inflationary increase is applied to the most recent sale price for 17 ORMONDS CLOSE of £167,000 on 3rd May 2002. For the value to have increased from £167,000 to £508,469 over the 24 years and one month to April 2026, the following assumptions must hold true:

• The value of 17 ORMONDS CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The May 2002 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 17 ORMONDS CLOSE has not materially changed since May 2002.

Where is 17 ORMONDS CLOSE?

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