15, CHESTNUT DRIVE, SHENSTONE, LICHFIELD, WS14 0JH - £595,000

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

15 CHESTNUT DRIVE is a very large extended detached house of 219m², built sometime between 1967 and 1975. It was last sold for £595,000 in July 2021, which was around 46% above the average July 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

15 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 15 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 15 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
2021 22 JUL	£595,000	£408,316	46% above HPI
2000 8 DEC	£197,500	£147,309	34% above HPI

15 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 15 CHESTNUT DRIVE sales from December 2000 and July 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 December 2000 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 15 CHESTNUT DRIVE?

15 CHESTNUT DRIVE is 219m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses in Shenstone, based on EPC data. The below chart shows the distribution of detached houses by size in Shenstone, and where 15 CHESTNUT DRIVE lies on this distribution: 80% of detached houses are smaller than 15 CHESTNUT DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Shenstone.

15 CHESTNUT DRIVE: Plot and Title Map

15 CHESTNUT DRIVE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 15 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 15 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 15 CHESTNUT DRIVE?

15 CHESTNUT DRIVE is located in SHENSTONE, in the WS14 postcode district. The below map shows the position of No. 15 on CHESTNUT DRIVE.