15A, CHESTNUT DRIVE, SHENSTONE, LICHFIELD, WS14 0JH - £520,000

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

15A CHESTNUT DRIVE is a very small extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £520,000 in July 2017, which was around 49% above the average July 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

15A CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 15A 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 15A 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 7 JUL	£520,000	£349,461	49% above HPI
2005 16 SEP	£405,000	£271,307	49% above HPI

15A 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 15A CHESTNUT DRIVE sales from September 2005 and July 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 September 2005 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2017 sale, which was also at 49% above the HPI.

How Large is 15A CHESTNUT DRIVE?

15A CHESTNUT DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 15A CHESTNUT DRIVE lies on this distribution: 20% of detached houses are smaller than 15A CHESTNUT DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Shenstone.

15A CHESTNUT DRIVE: Plot and Title Map

15A CHESTNUT DRIVE sits on a plot of roughly 0.251 of an acre, or 1,014m². The below map shows the location of 15A 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 15A 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 15A CHESTNUT DRIVE?

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