2, CHAUCER CLOSE, LICHFIELD, WS14 9BB - £205,000

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.

2 CHAUCER CLOSE is a very small extended detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £319,455. It was last sold for £205,000 in September 2015, which was around 39% below the average September 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

2 CHAUCER CLOSE Sold Prices

Land registry data shows one sale for 2 CHAUCER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2015 16 SEP	£205,000	£335,892	39% below HPI

What might 2 CHAUCER CLOSE be worth now?

2 CHAUCER CLOSE might now be worth an estimated £319,455.

This is based on house price inflation of 55.8%, between September 2015 and May 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 55.8% inflationary increase is applied to the most recent sale price for 2 CHAUCER CLOSE of £205,000 on 16th September 2015. For the value to have increased from £205,000 to £319,455 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 2 CHAUCER CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2015 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAUCER CLOSE has not materially changed since September 2015.

How Large is 2 CHAUCER CLOSE?

2 CHAUCER CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 2 CHAUCER CLOSE lies on this distribution: 4% of detached houses are smaller than 2 CHAUCER CLOSE, and 96% of detached houses are larger. Note that EPC data is not available for all properties in Lichfield.

2 CHAUCER CLOSE: Plot

2 CHAUCER CLOSE sits on a plot of roughly 0.065 of an acre, or 262m².

Where is 2 CHAUCER CLOSE?

2 CHAUCER CLOSE is located in LICHFIELD, in the WS14 postcode district.