11, CHESTNUT CLOSE, HANDSACRE, RUGELEY, WS15 4TH - £275,000

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

11 CHESTNUT CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £275,000 in October 2021, which was around 35% below the average October 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

11 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 11 CHESTNUT CLOSE 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. All of the four 11 CHESTNUT CLOSE 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
2021 18 OCT	£275,000	£421,688	35% below HPI
2015 23 OCT	£199,950	£334,130	40% below HPI
2004 9 JAN	£155,000	£227,290	32% below HPI
2000 31 MAR	£92,500	£132,734	30% below HPI

11 CHESTNUT CLOSE 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 11 CHESTNUT CLOSE sales between March 2000 and October 2021 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 October 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 11 CHESTNUT CLOSE?

11 CHESTNUT CLOSE is 74m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 11 CHESTNUT CLOSE lies on this distribution: 12% of detached houses are smaller than 11 CHESTNUT CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Armitage.

11 CHESTNUT CLOSE: Plot and Title Map

11 CHESTNUT CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 11 CHESTNUT CLOSE, 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 11 CHESTNUT CLOSE). 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 11 CHESTNUT CLOSE?

11 CHESTNUT CLOSE is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 11 on CHESTNUT CLOSE.