8, REDLOCK FIELD, LICHFIELD, WS14 0AB - £72,500

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.

8 REDLOCK FIELD is a small extended detached house of 100m², built sometime between 1930 and 1949, which could now be worth an estimated £380,741. It was last sold for £72,500 in February 1997, which was around 27% below the average February 1997 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

8 REDLOCK FIELD Sold Prices

Land registry data shows one sale for 8 REDLOCK FIELD 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
1997 21 FEB	£72,500	£99,670	27% below HPI

What might 8 REDLOCK FIELD be worth now?

8 REDLOCK FIELD might now be worth an estimated £380,741.

This is based on house price inflation of 425.2%, between February 1997 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 425.2% inflationary increase is applied to the most recent sale price for 8 REDLOCK FIELD of £72,500 on 21st February 1997. For the value to have increased from £72,500 to £380,741 over the 28 years and nine months to May 2026, the following assumptions must hold true:

• The value of 8 REDLOCK FIELD has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The February 1997 sale price of £72,500 represented a fair market value for the property.
• The size, condition, and specification of 8 REDLOCK FIELD has not materially changed since February 1997.

How Large is 8 REDLOCK FIELD?

8 REDLOCK FIELD is 100m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 8 REDLOCK FIELD lies on this distribution: 31% of detached houses are smaller than 8 REDLOCK FIELD, and 68% of detached houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 REDLOCK FIELD: Plot

8 REDLOCK FIELD sits on a plot of roughly 0.112 of an acre, or 454m².

Where is 8 REDLOCK FIELD?

8 REDLOCK FIELD is located in LICHFIELD, in the WS14 postcode district.