18, CHESTNUT CLOSE, HANDSACRE, RUGELEY, WS15 4TH - £199,950

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

18 CHESTNUT CLOSE is a large extended detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £393,681. It was last sold for £199,950 in May 2009, which was around 23% below the average May 2009 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

18 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 18 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 18 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
2009 1 MAY	£199,950	£258,597	23% below HPI
2002 31 MAY	£122,000	£171,585	29% below HPI

18 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 18 CHESTNUT CLOSE sales from May 2002 and May 2009 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 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2009 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 18 CHESTNUT CLOSE be worth now?

18 CHESTNUT CLOSE might now be worth an estimated £393,681.

This is based on house price inflation of 96.9%, between May 2009 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 96.9% inflationary increase is applied to the most recent sale price for 18 CHESTNUT CLOSE of £199,950 on 1st May 2009. For the value to have increased from £199,950 to £393,681 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 18 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The May 2009 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 18 CHESTNUT CLOSE has not materially changed since May 2009.

How Large is 18 CHESTNUT CLOSE?

18 CHESTNUT CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in February 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 18 CHESTNUT CLOSE lies on this distribution: 76% of detached houses houses are smaller than 18 CHESTNUT CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Armitage.

18 CHESTNUT CLOSE: Plot and Title Map

18 CHESTNUT CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 18 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 18 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 18 CHESTNUT CLOSE?

18 CHESTNUT CLOSE is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 18 on CHESTNUT CLOSE.