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House Prices in WS14

The average house price in WS14 (Lichfield) is £286,100 using HM Land Registry data.

The average property price increased by £79,051 (18.18%) over the last 5 years and increased by £15,803 (2.9%) over the last 12 months.

Over the last year, there were 182 residential property sales – a decrease of 193 transactions (-106.04%) relative to the previous year. The majority of house sales (46) were in the £262,000 - £354,000 range. Then came properties in the £170,000 - £262,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,786 (-2%).

In June 2024, there were 34 new estate agency instructions, 26 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in WS14 (Lichfield)

18.18%

Property prices in Lichfield increased by 18.18% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in WS14 (Lichfield) Over the Last Year

2.9%

Property prices in Lichfield increased by 2.9% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for WS14 (Lichfield) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in WS14 (Lichfield)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in WS14 (Lichfield)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in WS14 (Lichfield)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the WS14 (Lichfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WS14 postcode area since 1995.

Recent Sales in WS14 (Lichfield)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
13 Ashcroft Lane, Lichfield, Staffordshire, WS14 0EF	£350,000	£350,000	£00	26 Dec 2023	17 May 2024	143 Days
154 Chesterfield Road, Lichfield, Staffordshire, WS14 0AA	£650,000	£640,000	-£10,000	22 Jan 2024	30 Apr 2024	99 Days
26 Copperfields, Lichfield, Staffordshire, WS14 9YQ	£315,000	£315,000	£00	21 Aug 2023	26 Apr 2024	249 Days
72 Pentire Road, Lichfield, Staffordshire, WS14 9SQ	£425,000	£425,000	£00	16 Nov 2023	25 Apr 2024	161 Days
36 Hartslade, Lichfield, Staffordshire, WS14 9RH	£460,000	£450,000	-£10,000	30 Jan 2024	23 Apr 2024	84 Days
3 Darby Avenue, Lichfield, Staffordshire, WS14 9NG	£310,000	£290,000	-£20,000	17 Oct 2023	28 Mar 2024	163 Days
50 Main Street, Whittington, Lichfield, Staffordshire, WS14 9JS	£190,000	£169,000	-£21,000	31 Oct 2023	22 Mar 2024	143 Days
38 St Johns Hill, Shenstone, Lichfield, Staffordshire, WS14 0JD	£1,300,000	£1,300,000	£00	30 Jun 2023	15 Mar 2024	259 Days
5 Ashcroft Lane, Lichfield, Staffordshire, WS14 0EF	£280,000	£275,000	-£5,000	02 Oct 2023	08 Mar 2024	158 Days
2 Hartslade, Lichfield, Staffordshire, WS14 9RH	£400,000	£387,000	-£13,000	19 Apr 2023	01 Mar 2024	317 Days
41 Dovehouse Fields, Lichfield, Staffordshire, WS14 9BH	£200,000	£200,000	£00	14 Dec 2023	01 Mar 2024	78 Days
28 Willowsmere Drive, Lichfield, Staffordshire, WS14 9XF	£625,000	£610,000	-£15,000	15 Aug 2023	01 Mar 2024	199 Days
123 Burton Old Road East, Lichfield, Staffordshire, WS14 9HU	£290,000	£286,000	-£4,000	04 Sep 2023	29 Feb 2024	178 Days
35 Smarts Avenue, Lichfield, Staffordshire, WS14 0PB	£290,000	£270,000	-£20,000	23 Jun 2023	09 Feb 2024	231 Days
26 Maryvale Court, Lichfield, Staffordshire, WS14 9HZ	£235,000	£235,000	£00	23 Sep 2023	29 Jan 2024	128 Days
38 Coltman Close, Lichfield, Staffordshire, WS14 9YS	£300,000	£300,000	£00	20 Oct 2023	26 Jan 2024	98 Days
27 Scott Close, Lichfield, Staffordshire, WS14 9DB	£284,950	£280,000	-£4,950	18 Oct 2023	26 Jan 2024	100 Days
6 Masefield Close, Lichfield, Staffordshire, WS14 9DD	£240,000	£232,500	-£7,500	18 Oct 2023	26 Jan 2024	100 Days
10 Trenance Close, Lichfield, Staffordshire, WS14 9SJ	£395,000	£380,000	-£15,000	07 Sep 2023	26 Jan 2024	141 Days
10 Bracken Close, Lichfield, Staffordshire, WS14 9RU	£550,000	£490,000	-£60,000	24 May 2023	25 Jan 2024	246 Days

Most Expensive Streets in WS14 (Lichfield)

Postcode	Street	Area	Average	No. of Sales
WS14 0JD	St Johns Hill, Shenstone	Lichfield	£1,366,666	3
WS14 0JF	Holly Hill Road, Shenstone	Lichfield	£1,126,833	6
WS14 0NG	Church Road, Shenstone	Lichfield	£1,016,666	3
WS14 0JN	Pinfold Hill, Shenstone	Lichfield	£943,333	3
WS14 9BP	Shortbutts Close	Lichfield	£890,000	3
WS14 0JG	Court Drive	Lichfield	£854,025	4
WS14 9EJ	London Road	Lichfield	£825,000	4
WS14 9DF	Borrowcop Lane	Lichfield	£699,750	10
WS14 9LN	Cloister Walk	Lichfield	£688,666	3
WS14 9DG	Borrowcop Lane	Lichfield	£682,000	5

Least Expensive Streets in WS14 (Lichfield)

Postcode	Street	Area	Average	No. of Sales
WS14 9XH	Bloomsbury Way	Lichfield	£91,687	8
WS14 9UJ	Maybank Close	Lichfield	£101,416	6
WS14 9AU	Windsor Court, Buckingham Gardens	Lichfield	£121,250	4
WS14 9TG	Nottingham Road, Whittington Barracks	Lichfield	£130,857	7
WS14 9AX	Eton Court, Buckingham Gardens	Lichfield	£131,666	3
WS14 9AT	Henley Court, Buckingham Gardens	Lichfield	£138,600	5
WS14 9ES	The Sycamores	Lichfield	£147,600	5
WS14 9HS	Gledhill Park	Lichfield	£163,810	10
WS14 9NN	Burton Road, Whittington	Lichfield	£166,390	5
WS14 9DX	Upper St John Street	Lichfield	£173,333	3