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

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 MILLCROFT WAY is a small detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £312,910. It was last sold for £247,500 in October 2020, which was around 39% 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	£407,343	39% below HPI
2014 16 JUN	£187,500	£312,743	40% below HPI
2012 12 JUL	£179,000	£282,409	37% 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 MILLCROFT WAY be worth now?

1 MILLCROFT WAY might now be worth an estimated £312,910.

This is based on house price inflation of 26.4%, between October 2020 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 26.4% inflationary increase is applied to the most recent sale price for 1 MILLCROFT WAY of £247,500 on 13th October 2020. For the value to have increased from £247,500 to £312,910 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 MILLCROFT WAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The October 2020 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MILLCROFT WAY has not materially changed since October 2020.

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 houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Armitage, and where 1 MILLCROFT WAY lies on this distribution: 31% of detached houses houses are smaller than 1 MILLCROFT WAY, and 68% 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 0.079 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.