4, FORGE LANE, LICHFIELD, WS13 7BE - £220,000

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.

4 FORGE LANE is a small extended terraced house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £264,020. It was last sold for £220,000 in November 2021, which was around 6% above the average November 2021 terraced price in the Lichfield local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

4 FORGE LANE Sold Prices

Land registry data shows one sale for 4 FORGE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2021 5 NOV	£220,000	£208,233	6% above HPI

What might 4 FORGE LANE be worth now?

4 FORGE LANE might now be worth an estimated £264,020.

This is based on house price inflation of 20%, between November 2021 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 20% inflationary increase is applied to the most recent sale price for 4 FORGE LANE of £220,000 on 5th November 2021. For the value to have increased from £220,000 to £264,020 over the five years and seven months to April 2026, the following assumptions must hold true:

• The value of 4 FORGE LANE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The November 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FORGE LANE has not materially changed since November 2021.

How Large is 4 FORGE LANE?

4 FORGE LANE is 65m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of terraced houses in Lichfield, based on EPC data. The below chart shows the distribution of terraced houses by size in Lichfield, and where 4 FORGE LANE lies on this distribution: 22% of terraced houses are smaller than 4 FORGE LANE, and 77% of terraced houses are larger. Note that EPC data is not available for all properties in Lichfield.

4 FORGE LANE: Plot

4 FORGE LANE sits on a plot of roughly 0.037 of an acre, or 148m².

Where is 4 FORGE LANE?

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