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
20 MILLCROFT WAY is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £164,000 in April 2011, which was around 40% below the average April 2011 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 20 MILLCROFT WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 20 MILLCROFT WAY 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 |
---|---|---|---|
2011 15 APR | £164,000 | £271,700 | 40% below HPI |
2008 2 JAN | £180,000 | £306,404 | 41% below HPI |
2004 25 JUN | £163,000 | £239,511 | 32% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 20 MILLCROFT WAY sales between June 2004 and April 2011 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 January 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2011 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
20 MILLCROFT WAY is 80m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 20 MILLCROFT WAY lies on this distribution: 18% of detached houses are smaller than 20 MILLCROFT WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Armitage.
20 MILLCROFT WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 20 MILLCROFT WAY, 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 20 MILLCROFT WAY). 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.
20 MILLCROFT WAY is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 20 on MILLCROFT WAY.