If it's a house on the walsall road estate, do yourself a favour and don't bother....those things will be the ghetto's of the future! If it's the ones on the charter place development, I live there (renting) and can tell you the build quality on them is horrendous, coupled with carparking issues that the fire services would have something to say about, your best off out!
The house down from me was bought for £232,995 on 26/10/2007 and is now asking £199k (detached 3-bed) if that helps.
Lichfield is stupidly overpriced, the BTL bubble was rife in areas such as the above (mainly Victoria park though) so should pop good and hard in the months ahead.
Considered selling up at 130K then renting for the next couple of years? Prices still have a large way to fall in Lichfield