House Prices in WS14 House Prices in WS14 (Lichfield)

The average house price in WS14 (Lichfield) is £235,833 using HM Land Registry data.

The average property price increased by £80,492 (18.18%) over the last 5 years and increased by £16,128 (2.9%) over the last 12 months.

Over the last year, there were 185 residential property sales – a decrease of 114 transactions (-61.62%) relative to the previous year. The majority of house sales (52) were in the £266,000 - £362,000 range. Then came properties in the £170,000 - £266,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,786 (-2%).

In Oct 24, there were 46 new estate agency instructions, 36 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.

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).

Property Market Heat Gauge for WS14 (Lichfield) - Oct 24

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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Maryvale Court, Lichfield, Staffordshire, WS14 9HZ£230,000£226,250-£3,75010 Nov 202321 Aug 2024285 Days
35 Hartslade, Lichfield, Staffordshire, WS14 9RH£500,000£495,000-£5,00027 Mar 202415 Aug 2024141 Days
21 Churchill Road, Lichfield, Staffordshire, WS14 0LR£390,000£390,000£0003 Apr 202409 Aug 2024128 Days
110 Haymoor, Lichfield, Staffordshire, WS14 9SX£369,950£360,000-£9,95029 May 202429 Jul 202461 Days
44 Blackberry Avenue, Lichfield, Staffordshire, WS14 9GS£165,000£163,000-£2,00022 Sep 202301 Jul 2024283 Days
Holly Bank, Common Lane, Whittington, Lichfield, Staffordshire, WS14 9LF£475,000£460,000-£15,00014 May 202428 Jun 202445 Days
70 Chapel Lane, Lichfield, Staffordshire, WS14 9BQ£250,000£235,000-£15,00022 Feb 202427 Jun 2024126 Days
37 Main Street, Shenstone, Lichfield, Staffordshire, WS14 0NF£850,000£840,000-£10,00006 Nov 202314 Jun 2024221 Days
5 Shakespeare Avenue, Lichfield, Staffordshire, WS14 9BE£350,000£347,000-£3,00007 Dec 202312 Jun 2024188 Days
33 Longbridge Road, Lichfield, Staffordshire, WS14 9EN£450,000£445,000-£5,00010 Nov 202307 Jun 2024210 Days
6 Freeford Gardens, Lichfield, Staffordshire, WS14 9RJ£495,000£485,000-£10,00008 Jan 202421 May 2024134 Days
13 Ashcroft Lane, Lichfield, Staffordshire, WS14 0EF£350,000£350,000£0026 Dec 202317 May 2024143 Days
16 Broadlands Rise, Lichfield, Staffordshire, WS14 9SF£400,000£400,000£0001 Mar 202410 May 202470 Days
152 Chesterfield Road, Lichfield, Staffordshire, WS14 0AA£395,000£365,000-£30,00012 Jan 202409 May 2024118 Days
154 Chesterfield Road, Lichfield, Staffordshire, WS14 0AA£650,000£640,000-£10,00022 Jan 202430 Apr 202499 Days
26 Copperfields, Lichfield, Staffordshire, WS14 9YQ£315,000£315,000£0021 Aug 202326 Apr 2024249 Days
72 Pentire Road, Lichfield, Staffordshire, WS14 9SQ£425,000£425,000£0016 Nov 202325 Apr 2024161 Days
36 Hartslade, Lichfield, Staffordshire, WS14 9RH£460,000£450,000-£10,00030 Jan 202423 Apr 202484 Days
6 Ascot Close, Lichfield, Staffordshire, WS14 9XX£489,950£489,950£0017 Nov 202312 Apr 2024147 Days
47 Main Street, Whittington, Lichfield, Staffordshire, WS14 9JR£175,000£165,000-£10,00021 Apr 202310 Apr 2024355 Days

Most Expensive Streets in WS14 (Lichfield)

PostcodeStreetAreaAverageNo. of Sales
WS14 0JDSt Johns Hill, ShenstoneLichfield£1,366,6663
WS14 0JFHolly Hill Road, ShenstoneLichfield£1,165,0004
WS14 0NGChurch Road, ShenstoneLichfield£1,016,6663
WS14 0JNPinfold Hill, ShenstoneLichfield£943,3333
WS14 0JGCourt DriveLichfield£924,0254
WS14 9BPShortbutts CloseLichfield£890,0003
WS14 9EJLondon RoadLichfield£825,0004
WS14 9DFBorrowcop LaneLichfield£705,22711
WS14 9HNWentworth DriveLichfield£691,5009
WS14 9LNCloister WalkLichfield£688,6663

Least Expensive Streets in WS14 (Lichfield)

PostcodeStreetAreaAverageNo. of Sales
WS14 0GLWaterloo House, Waterloo CroftLichfield£73,4333
WS14 9XHBloomsbury WayLichfield£89,7857
WS14 9UJMaybank CloseLichfield£101,4166
WS14 9AUWindsor Court, Buckingham GardensLichfield£116,6663
WS14 9AXEton Court, Buckingham GardensLichfield£131,6663
WS14 9TGNottingham Road, Whittington BarracksLichfield£135,6666
WS14 9ATHenley Court, Buckingham GardensLichfield£138,6005
WS14 9ESThe SycamoresLichfield£152,5004
WS14 9HSGledhill ParkLichfield£163,81010
WS14 9NNBurton Road, WhittingtonLichfield£166,3905

Explore WS14 (Lichfield) using map