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According to the public record, 40, Redlock Field, Lichfield is a mid-century freehold house with 1,097 ft2 of internal area and sits on a 421 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Redlock Field, Lichfield is £420,807 and the estimated rental value is £1,829 per month.
Redlock Field, Lichfield, WS14 is located in the borough of Lichfield within the WS14 postal district.
40, Redlock Field, Lichfield has 2 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 40, Redlock Field, Lichfield is in very good condition we estimate a sale value of £441,848 and a rental value of £1,920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,351 and a rental value of £1,701 per month.
Over the last 12 months the sale value of 40 Redlock Field Lichfield has increased by an estimated £1,868 (0.4%) and its rental value has increased by an estimated £74 per month (4.1%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 40, Redlock Field, Lichfield sits on a plot of 421m2.
We have plot size data on 43 out of 46 other houses in the postcode and 40, Redlock Field, Lichfield sits on the 19th largest plot.
40, Redlock Field, Lichfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Redlock Field, Lichfield was last sold on 7th October 2019 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2019, the market for similar properties has risen 26.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Redlock Field, Lichfield within a radius of 560 metres over the last 2 years.
The most recent example is 38, Redlock Field, Lichfield, WS14 0AB, a freehold house which sold for £475,000 on the 3rd February 2023.
Read more about house prices in WS14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redlock Field, Lichfield, WS14 has a total of 46 addresses. According to our analysis of all the public data, 40, Redlock Field, Lichfield is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in WS14.
The closest station to 40, Redlock Field, Lichfield is Lichfield City station which is 1.1 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Redlock Field, Lichfield, 41.3% of property is privately owned outright and 40.7% 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 40, Redlock Field, Lichfield, 14.3% of residents are recorded as possessing school level qualifications and 52.8% 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 40, Redlock Field, Lichfield, the average age was 42.8 and the most common age was 52.
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 40, Redlock Field, Lichfield, 2.9% 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 40, Redlock Field, Lichfield, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
