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Company No. 11113204
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According to the public record, 22, Spearhill, Lichfield is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,460 ft2 of internal area and sits on a 420 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Spearhill, Lichfield is £564,546 and the estimated rental value is £1,985 per month.
Spearhill, Lichfield, WS14 is located in the borough of Lichfield within the WS14 postal district.
22, Spearhill, Lichfield has a single entry in the Land Registry from April 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 22, Spearhill, Lichfield is in very good condition we estimate a sale value of £592,773 and a rental value of £2,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,028 and a rental value of £1,846 per month.
Over the last 12 months the sale value of 22 Spearhill Lichfield has decreased by an estimated £3,171 (0.6%) and its rental value has increased by an estimated £53 per month (2.7%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 22, Spearhill, Lichfield sits on a plot of 420m2.
We have plot size data on 34 out of 34 other houses in the postcode and 22, Spearhill, Lichfield sits on the 4th largest plot.
According to HM Land Registry, 22, Spearhill, Lichfield was last sold on 19th April 2011 for £305,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2011, the market for similar properties has risen 50.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Spearhill, Lichfield within a radius of 590 metres over the last 2 years.
The most recent example is 20, Maple Grove, Lichfield, WS14 9XB, a freehold house which sold for £500,000 on the 5th March 2024.
Read more about house prices in WS14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spearhill, Lichfield, WS14 has a total of 34 addresses. According to our analysis of all the public data, 22, Spearhill, Lichfield is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in WS14.
The closest station to 22, Spearhill, Lichfield is Lichfield Trent Valley station which is 600 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Spearhill, Lichfield, 68.3% of property is privately owned outright and 27.6% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 22, Spearhill, Lichfield, 13.5% of residents are recorded as possessing school level qualifications and 44.8% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 22, Spearhill, Lichfield, the average age was 47.2 and the most common age was 72.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 22, Spearhill, Lichfield, 4.4% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 22, Spearhill, Lichfield, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
