7, ORMONDS CLOSE, LICHFIELD, WS13 8EG - £140,000

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.

7 ORMONDS CLOSE is a terraced house, which could now be worth an estimated £271,798. It was last sold for £140,000 in May 2005, which was around 9% above the average May 2005 terraced price in the Lichfield local authority area.

7 ORMONDS CLOSE Sold Prices

Land registry data shows two sales for 7 ORMONDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. Both of the two 7 ORMONDS CLOSE sales were for above 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
2005 9 MAY	£140,000	£128,720	9% above HPI
2001 30 MAR	£87,000	£66,007	32% above HPI

What might 7 ORMONDS CLOSE be worth now?

7 ORMONDS CLOSE might now be worth an estimated £271,798.

This is based on house price inflation of 94.1%, between May 2005 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 94.1% inflationary increase is applied to the most recent sale price for 7 ORMONDS CLOSE of £140,000 on 9th May 2005. For the value to have increased from £140,000 to £271,798 over the 21 years and one month to April 2026, the following assumptions must hold true:

• The value of 7 ORMONDS CLOSE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The May 2005 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ORMONDS CLOSE has not materially changed since May 2005.

Where is 7 ORMONDS CLOSE?

7 ORMONDS CLOSE is located in LICHFIELD, in the WS13 postcode district.