5, CHAUCER CLOSE, LICHFIELD, WS14 9BB - £307,500

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.

5 CHAUCER CLOSE is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £343,498. It was last sold for £307,500 in November 2023, which was around 34% below the average November 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

5 CHAUCER CLOSE Sold Prices

Land registry data shows one sale for 5 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
2023 20 NOV	£307,500	£468,573	34% below HPI

What might 5 CHAUCER CLOSE be worth now?

5 CHAUCER CLOSE might now be worth an estimated £343,498.

This is based on house price inflation of 11.7%, between November 2023 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 11.7% inflationary increase is applied to the most recent sale price for 5 CHAUCER CLOSE of £307,500 on 20th November 2023. For the value to have increased from £307,500 to £343,498 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of 5 CHAUCER CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2023 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CHAUCER CLOSE has not materially changed since November 2023.

How Large is 5 CHAUCER CLOSE?

5 CHAUCER CLOSE is 61m² according to the EPC inspection conducted in October 2022. 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 5 CHAUCER CLOSE lies on this distribution: 2% of detached houses are smaller than 5 CHAUCER CLOSE, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Lichfield.

5 CHAUCER CLOSE: Plot

5 CHAUCER CLOSE sits on a plot of roughly 0.072 of an acre, or 290m².

Where is 5 CHAUCER CLOSE?

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