1, MILLCROFT WAY, HANDSACRE, RUGELEY, WS15 4TE - £247,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MILLCROFT WAY is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £247,500 in October 2020, which was around 38% below the average October 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

1 MILLCROFT WAY Sold Prices

Land registry data shows three sales for 1 MILLCROFT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 1 MILLCROFT WAY sales were for below 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
2020 13 OCT	£247,500	£397,520	38% below HPI
2014 16 JUN	£187,500	£305,201	39% below HPI
2012 12 JUL	£179,000	£275,599	35% below HPI

1 MILLCROFT 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 three 1 MILLCROFT WAY sales between July 2012 and October 2020 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 June 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1 MILLCROFT WAY?

1 MILLCROFT WAY is 91m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 1 MILLCROFT WAY lies on this distribution: 32% of detached houses are smaller than 1 MILLCROFT WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Armitage.

1 MILLCROFT WAY: Plot and Title Map

1 MILLCROFT WAY sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 1 MILLCROFT 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 MILLCROFT 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 MILLCROFT WAY?

1 MILLCROFT WAY is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 1 on MILLCROFT WAY.