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
22 THE FLATTS is a midsized detached house of 139m², built in 2021. It was last sold for £460,000 in October 2023, which was about the average October 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 22 THE FLATTS since 1st 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. One of the two 22 THE FLATTS sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2023 31 OCT | £460,000 | £461,405 | Close to HPI |
2021 28 MAY | £455,000 | £407,390 | 12% above HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 22 THE FLATTS sales from May 2021 and October 2023 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 2021 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
22 THE FLATTS is 139m² according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Alrewas, based on EPC data. The below chart shows the distribution of detached houses by size in Alrewas, and where 22 THE FLATTS lies on this distribution: 56% of detached houses are smaller than 22 THE FLATTS, and 40% of houses are larger. Note that EPC data is not available for all properties in Alrewas.
22 THE FLATTS sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 22 THE FLATTS, 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 22 THE FLATTS). 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.
22 THE FLATTS is located in ALREWAS, in the DE13 postcode district. The below map shows the position of No. 22 on THE FLATTS.