5, FORGE CLOSE, HAMMERWICH, BURNTWOOD, WS7 0JH - £289,950

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 FORGE CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £382,906. It was last sold for £289,950 in February 2020, which was around 27% below the average February 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

5 FORGE CLOSE Sold Prices

Land registry data shows one sale for 5 FORGE 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
2020 20 FEB	£289,950	£396,357	27% below HPI

What might 5 FORGE CLOSE be worth now?

5 FORGE CLOSE might now be worth an estimated £382,906.

This is based on house price inflation of 32.1%, between February 2020 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 32.1% inflationary increase is applied to the most recent sale price for 5 FORGE CLOSE of £289,950 on 20th February 2020. For the value to have increased from £289,950 to £382,906 over the five years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 FORGE CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The February 2020 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of 5 FORGE CLOSE has not materially changed since February 2020.

How Large is 5 FORGE CLOSE?

5 FORGE CLOSE is 73m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Hammerwich, based on EPC data. The below chart shows the distribution of detached houses by size in Hammerwich, and where 5 FORGE CLOSE lies on this distribution: 2% of detached houses are smaller than 5 FORGE CLOSE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in Hammerwich.

5 FORGE CLOSE: Plot

5 FORGE CLOSE sits on a plot of roughly 0.095 of an acre, or 384m².

Where is 5 FORGE CLOSE?

5 FORGE CLOSE is located in HAMMERWICH, in the WS7 postcode district.