17, CHESTNUT CLOSE, HANDSACRE, RUGELEY, WS15 4TH - £246,000

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

17 CHESTNUT CLOSE is a large extended detached house of 132m², built sometime between 1991 and 1995, which could now be worth an estimated £417,559. It was last sold for £246,000 in November 2010, which was around 18% below the average November 2010 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

17 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 17 CHESTNUT CLOSE 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 17 CHESTNUT CLOSE 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
2010 26 NOV	£246,000	£299,960	18% below HPI
1998 7 SEP	£103,500	£126,628	18% below HPI

17 CHESTNUT CLOSE 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 17 CHESTNUT CLOSE sales from September 1998 and November 2010 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 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2010 sale, which was also at 18% below the HPI.

What might 17 CHESTNUT CLOSE be worth now?

17 CHESTNUT CLOSE might now be worth an estimated £417,559.

This is based on house price inflation of 69.7%, between November 2010 and February 2025, 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 69.7% inflationary increase is applied to the most recent sale price for 17 CHESTNUT CLOSE of £246,000 on 26th November 2010. For the value to have increased from £246,000 to £417,559 over the fifteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 17 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2010 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CHESTNUT CLOSE has not materially changed since November 2010.

How Large is 17 CHESTNUT CLOSE?

17 CHESTNUT CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 30% of detached houses houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Armitage, and where 17 CHESTNUT CLOSE lies on this distribution: 77% of detached houses houses are smaller than 17 CHESTNUT CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Armitage.

17 CHESTNUT CLOSE: Plot and Title Map

17 CHESTNUT CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 17 CHESTNUT CLOSE, 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 17 CHESTNUT CLOSE). 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 17 CHESTNUT CLOSE?

17 CHESTNUT CLOSE is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 17 on CHESTNUT CLOSE.