118, LICHFIELD ROAD, SANDHILLS, WALSALL, WS9 9PF - £295,000

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

118 LICHFIELD ROAD is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £295,000 in July 2019, which was around 10% above the average July 2019 detached price in the Walsall local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

118 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 118 LICHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. One of the two 118 LICHFIELD ROAD sales was for above the average price, whilst the other was 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
2019 31 JUL	£295,000	£269,152	10% above HPI
2017 10 AUG	£225,000	£254,158	11% below HPI

118 LICHFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 118 LICHFIELD ROAD sales from August 2017 and July 2019 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 August 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 118 LICHFIELD ROAD?

118 LICHFIELD ROAD is 68m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Brownhills, based on EPC data. The below chart shows the distribution of detached houses by size in Brownhills, and where 118 LICHFIELD ROAD lies on this distribution: 5% of detached houses are smaller than 118 LICHFIELD ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Brownhills.

118 LICHFIELD ROAD: Plot and Title Map

118 LICHFIELD ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 118 LICHFIELD ROAD, 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 118 LICHFIELD ROAD). 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 118 LICHFIELD ROAD?

118 LICHFIELD ROAD is located in SANDHILLS, in the WS9 postcode district. The below map shows the position of No. 118 on LICHFIELD ROAD.