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
23 MILLCROFT WAY is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £196,000 in July 2020, which was around 49% below the average July 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 23 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 23 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 |
---|---|---|---|
2020 27 JUL | £196,000 | £382,693 | 49% below HPI |
2001 18 MAY | £81,995 | £155,937 | 47% below HPI |
1998 4 MAR | £68,000 | £113,506 | 40% 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 23 MILLCROFT WAY sales between March 1998 and July 2020 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 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
23 MILLCROFT WAY is 82m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 23 MILLCROFT WAY lies on this distribution: 21% of detached houses are smaller than 23 MILLCROFT WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Armitage.
23 MILLCROFT WAY sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 23 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 23 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.
23 MILLCROFT WAY is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 23 on MILLCROFT WAY.