5, ORCHARD CLOSE, LICHFIELD, WS13 7DN - £255,000

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.

5 ORCHARD CLOSE is a very small extended detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £348,671. It was last sold for £255,000 in November 2019, which was around 33% below the average November 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

5 ORCHARD CLOSE Sold Prices

Land registry data shows one sale for 5 ORCHARD 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
2019 15 NOV	£255,000	£382,808	33% below HPI

What might 5 ORCHARD CLOSE be worth now?

5 ORCHARD CLOSE might now be worth an estimated £348,671.

This is based on house price inflation of 36.7%, between November 2019 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 36.7% inflationary increase is applied to the most recent sale price for 5 ORCHARD CLOSE of £255,000 on 15th November 2019. For the value to have increased from £255,000 to £348,671 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 5 ORCHARD CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ORCHARD CLOSE has not materially changed since November 2019.

How Large is 5 ORCHARD CLOSE?

5 ORCHARD CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% 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 ORCHARD CLOSE lies on this distribution: 15% of detached houses are smaller than 5 ORCHARD CLOSE, and 84% of detached houses are larger. Note that EPC data is not available for all properties in Lichfield.

5 ORCHARD CLOSE: Plot

5 ORCHARD CLOSE sits on a plot of roughly 0.068 of an acre, or 275m².

Where is 5 ORCHARD CLOSE?

5 ORCHARD CLOSE is located in LICHFIELD, in the WS13 postcode district.