1, GREENWOOD PLACE, BONEHILL, TAMWORTH, B78 3BL - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GREENWOOD PLACE is a very large extended detached house of 194m², built sometime between 2007 and 2011, which could now be worth an estimated £728,550. It was last sold for £475,000 in August 2015, which was around 41% above the average August 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

1 GREENWOOD PLACE Sold Prices

Land registry data shows two sales for 1 GREENWOOD PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 1 GREENWOOD PLACE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 28 AUG	£475,000	£335,767	41% above HPI
2009 14 AUG	£390,000	£263,198	48% above HPI

1 GREENWOOD PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 1 GREENWOOD PLACE sales from August 2009 and August 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2009 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the August 2015 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 1 GREENWOOD PLACE be worth now?

1 GREENWOOD PLACE might now be worth an estimated £728,550.

This is based on house price inflation of 53.4%, between August 2015 and December 2024, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.4% inflationary increase is applied to the most recent sale price for 1 GREENWOOD PLACE of £475,000 on 28th August 2015. For the value to have increased from £475,000 to £728,550 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 GREENWOOD PLACE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2015 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREENWOOD PLACE has not materially changed since August 2015.

How Large is 1 GREENWOOD PLACE?

1 GREENWOOD PLACE is 194m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fazeley, and where 1 GREENWOOD PLACE lies on this distribution: 93% of detached houses houses are smaller than 1 GREENWOOD PLACE, and 7% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

1 GREENWOOD PLACE: Plot and Title Map

1 GREENWOOD PLACE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 1 GREENWOOD PLACE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 GREENWOOD PLACE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 GREENWOOD PLACE?

1 GREENWOOD PLACE is located in BONEHILL, in the B78 postcode district. The below map shows the position of No. 1 on GREENWOOD PLACE.