3 Gorsty Bank

    3, GORSTY BANK, LICHFIELD, WS14 9UB

    This detached freehold property on Gorsty Bank last sold in January 2024 for £355,000. Based on price growth in the WS14 district since then, its estimated current value is £385,941 — placing it in the 65th percentile nationally and the 42nd percentile within WS14. The property covers 78 m² (840 sq ft), giving an estimated value of £4,948 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £355,000

    Jan 2024

    Estimated Valuation

    £385,941

    Est. £/sq ft

    £460/sq ft

    £4,948/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateJul 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jan 2024

    £355,000

    Key Metrics

    Estimated valuation£385,941
    Value per sq ft / m²£460/sq ft (£4,948/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WS14 district percentile42nd percentile
    National percentile65th percentile

    District Context — WS14

    WS14 covers areas in the West Midlands, positioned in the broader Staffordshire region. It is characterised by a mature, settled community with strong owner-occupation and a professional-leaning employment profile.

    Average Property Price - WS14

    £461,618

    76

    National percentile

    Average Net Household Income - WS14

    £43,447

    71

    National percentile

    10-Year Annualised Price Growth - WS14

    5.0%

    90

    National percentile

    10-Year Annualised Rent Growth - WS

    4.6%

    84

    National percentile

    View full analysis for WS14

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