2, TERRY CLOSE, LICHFIELD, WS13 7EJ - £175,000

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 TERRY CLOSE is a semi-detached house, which could now be worth an estimated £304,844. It was last sold for £175,000 in April 2008, which was around 3% below the average April 2008 semi-detached price in the Lichfield local authority area.

2 TERRY CLOSE Sold Prices

Land registry data shows three sales for 2 TERRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lichfield local authority area for the corresponding sale date. All of the three 2 TERRY 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
2008 11 APR	£175,000	£180,632	3% below HPI
2005 2 AUG	£149,700	£166,478	10% below HPI
1998 31 JUL	£67,500	£69,885	3% below HPI

What might 2 TERRY CLOSE be worth now?

2 TERRY CLOSE might now be worth an estimated £304,844.

This is based on house price inflation of 74.2%, between April 2008 and April 2026, for semi-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 74.2% inflationary increase is applied to the most recent sale price for 2 TERRY CLOSE of £175,000 on 11th April 2008. For the value to have increased from £175,000 to £304,844 over the eighteen years to April 2026, the following assumptions must hold true:

• The value of 2 TERRY CLOSE has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The April 2008 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TERRY CLOSE has not materially changed since April 2008.

Where is 2 TERRY CLOSE?

2 TERRY CLOSE is located in LICHFIELD, in the WS13 postcode district.