1, KIRKLAND WAY, MILE OAK, TAMWORTH, B78 3PL - £247,000

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 KIRKLAND WAY is a large detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £442,432. It was last sold for £247,000 in March 2012, which was around 14% below the average March 2012 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

1 KIRKLAND WAY Sold Prices

Land registry data shows four sales for 1 KIRKLAND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. two of the four 1 KIRKLAND WAY sales were for below the average price, and four 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
2012 12 MAR	£247,000	£287,511	14% below HPI
2006 28 JUL	£250,000	£278,463	10% below HPI
2000 11 MAY	£145,000	£137,222	6% above HPI
1996 1 NOV	£105,000	£100,228	5% above HPI

1 KIRKLAND WAY 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 four 1 KIRKLAND WAY sales between November 1996 and March 2012 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 July 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 KIRKLAND WAY be worth now?

1 KIRKLAND WAY might now be worth an estimated £442,432.

This is based on house price inflation of 79.1%, between March 2012 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 79.1% inflationary increase is applied to the most recent sale price for 1 KIRKLAND WAY of £247,000 on 12th March 2012. For the value to have increased from £247,000 to £442,432 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 1 KIRKLAND WAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The March 2012 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 1 KIRKLAND WAY has not materially changed since March 2012.

How Large is 1 KIRKLAND WAY?

1 KIRKLAND WAY is 121m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% 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 KIRKLAND WAY lies on this distribution: 64% of detached houses houses are smaller than 1 KIRKLAND WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

1 KIRKLAND WAY: Plot and Title Map

1 KIRKLAND WAY sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 1 KIRKLAND WAY, 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 KIRKLAND WAY). 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 KIRKLAND WAY?

1 KIRKLAND WAY is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 1 on KIRKLAND WAY.