3, FORGE LANE, LICHFIELD, WS13 7BE - £113,000

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.

3 FORGE LANE is a terraced house, which could now be worth an estimated £325,419. It was last sold for £113,000 in December 2002, which was around 30% above the average December 2002 terraced price in the Lichfield local authority area.

3 FORGE LANE Sold Prices

Land registry data shows two sales for 3 FORGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. Both of the two 3 FORGE LANE sales were for above 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 13 DEC	£113,000	£86,776	30% above HPI
1996 29 NOV	£53,000	£44,883	18% above HPI

What might 3 FORGE LANE be worth now?

3 FORGE LANE might now be worth an estimated £325,419.

This is based on house price inflation of 188%, between December 2002 and April 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 188% inflationary increase is applied to the most recent sale price for 3 FORGE LANE of £113,000 on 13th December 2002. For the value to have increased from £113,000 to £325,419 over the 24 years and eight months to April 2026, the following assumptions must hold true:

• The value of 3 FORGE LANE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The December 2002 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FORGE LANE has not materially changed since December 2002.

Where is 3 FORGE LANE?

3 FORGE LANE is located in LICHFIELD, in the WS13 postcode district.