15, WATERS EDGE, HANDSACRE, RUGELEY, WS15 4HP - £168,500

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

15 WATERS EDGE is a very small detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £370,941. It was last sold for £168,500 in February 2004, which was around 28% below the average February 2004 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

15 WATERS EDGE Sold Prices

Land registry data shows two sales for 15 WATERS EDGE 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 WATERS EDGE 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
2004 13 FEB	£168,500	£233,937	28% below HPI
2001 28 FEB	£111,950	£148,585	25% below HPI

15 WATERS EDGE 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 WATERS EDGE sales from February 2001 and February 2004 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 February 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2004 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 15 WATERS EDGE be worth now?

15 WATERS EDGE might now be worth an estimated £370,941.

This is based on house price inflation of 120.1%, between February 2004 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 120.1% inflationary increase is applied to the most recent sale price for 15 WATERS EDGE of £168,500 on 13th February 2004. For the value to have increased from £168,500 to £370,941 over the nineteen years and two months to December 2024, the following assumptions must hold true:

• The value of 15 WATERS EDGE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The February 2004 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of 15 WATERS EDGE has not materially changed since February 2004.

How Large is 15 WATERS EDGE?

15 WATERS EDGE is 75m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses houses in Handsacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Handsacre, and where 15 WATERS EDGE lies on this distribution: 17% of detached houses houses are smaller than 15 WATERS EDGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Handsacre.

15 WATERS EDGE: Plot and Title Map

15 WATERS EDGE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 15 WATERS EDGE, 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 WATERS EDGE). 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 WATERS EDGE?

15 WATERS EDGE is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 15 on WATERS EDGE.