5, SHAW CLOSE, LICHFIELD, WS13 8SB - £355,000

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 SHAW CLOSE is a detached house, which could now be worth an estimated £550,426. It was last sold for £355,000 in December 2015, which was around 5% above the average December 2015 detached price in the Lichfield local authority area.

5 SHAW CLOSE Sold Prices

Land registry data shows two sales for 5 SHAW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. One of the two 5 SHAW CLOSE sales was for above the average price, whilst the other was for below 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
2015 10 DEC	£355,000	£337,587	5% above HPI
1999 3 DEC	£129,000	£133,778	4% below HPI

What might 5 SHAW CLOSE be worth now?

5 SHAW CLOSE might now be worth an estimated £550,426.

This is based on house price inflation of 55%, between December 2015 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 55% inflationary increase is applied to the most recent sale price for 5 SHAW CLOSE of £355,000 on 10th December 2015. For the value to have increased from £355,000 to £550,426 over the eleven years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 SHAW CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2015 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHAW CLOSE has not materially changed since December 2015.

Where is 5 SHAW CLOSE?

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