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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 CHESTNUT CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £324,031. It was last sold for £275,000 in October 2021, which was around 36% 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	£432,109	36% below HPI
2015 23 OCT	£199,950	£342,387	42% below HPI
2004 9 JAN	£155,000	£232,907	33% below HPI
2000 31 MAR	£92,500	£136,014	32% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 11 CHESTNUT CLOSE be worth now?

11 CHESTNUT CLOSE might now be worth an estimated £324,031.

This is based on house price inflation of 17.8%, between October 2021 and February 2025, 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 17.8% inflationary increase is applied to the most recent sale price for 11 CHESTNUT CLOSE of £275,000 on 18th October 2021. For the value to have increased from £275,000 to £324,031 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The October 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CHESTNUT CLOSE has not materially changed since October 2021.

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 houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Armitage, and where 11 CHESTNUT CLOSE lies on this distribution: 12% of detached houses 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.