12, CHESTNUT DRIVE, SHENSTONE, LICHFIELD, WS14 0JH - £455,000

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

12 CHESTNUT DRIVE is a large extended detached house of 181m², built sometime between 1976 and 1982, which could now be worth an estimated £624,219. It was last sold for £455,000 in October 2017, which was around 21% above the average October 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

12 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 12 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 12 CHESTNUT DRIVE sales were for above 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
2017 6 OCT	£455,000	£375,386	21% above HPI
2005 12 MAY	£292,500	£267,090	10% above HPI

12 CHESTNUT DRIVE 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 two 12 CHESTNUT DRIVE sales from May 2005 and October 2017 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 May 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2017 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 12 CHESTNUT DRIVE be worth now?

12 CHESTNUT DRIVE might now be worth an estimated £624,219.

This is based on house price inflation of 37.2%, between October 2017 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 37.2% inflationary increase is applied to the most recent sale price for 12 CHESTNUT DRIVE of £455,000 on 6th October 2017. For the value to have increased from £455,000 to £624,219 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 12 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The October 2017 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHESTNUT DRIVE has not materially changed since October 2017.

How Large is 12 CHESTNUT DRIVE?

12 CHESTNUT DRIVE is 181m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of detached houses houses in Shenstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shenstone, and where 12 CHESTNUT DRIVE lies on this distribution: 69% of detached houses houses are smaller than 12 CHESTNUT DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Shenstone.

12 CHESTNUT DRIVE: Plot and Title Map

12 CHESTNUT DRIVE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 12 CHESTNUT DRIVE, 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 12 CHESTNUT DRIVE). 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 12 CHESTNUT DRIVE?

12 CHESTNUT DRIVE is located in SHENSTONE, in the WS14 postcode district. The below map shows the position of No. 12 on CHESTNUT DRIVE.