24, LICHFIELD ROAD, SANDHILLS, WALSALL, WS9 9PE - £337,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 LICHFIELD ROAD is a large extended detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £400,829. It was last sold for £337,500 in February 2021, which was around 18% above the average February 2021 detached price in the Walsall local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was B.

24 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 24 LICHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. One of the two 24 LICHFIELD ROAD sales was for above the average price, whilst the other was 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
2021 8 FEB	£337,500	£287,008	18% above HPI
2018 28 FEB	£240,000	£252,637	5% below HPI

24 LICHFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 24 LICHFIELD ROAD sales from February 2018 and February 2021 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 February 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 24 LICHFIELD ROAD be worth now?

24 LICHFIELD ROAD might now be worth an estimated £400,829.

This is based on house price inflation of 18.8%, between February 2021 and February 2025, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 24 LICHFIELD ROAD of £337,500 on 8th February 2021. For the value to have increased from £337,500 to £400,829 over the four years to February 2025, the following assumptions must hold true:

• The value of 24 LICHFIELD ROAD has moved in line with the HPI for detached houses in the Walsall local authority area.
• The February 2021 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 24 LICHFIELD ROAD has not materially changed since February 2021.

How Large is 24 LICHFIELD ROAD?

24 LICHFIELD ROAD is 119m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses houses in Brownhills, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brownhills, and where 24 LICHFIELD ROAD lies on this distribution: 65% of detached houses houses are smaller than 24 LICHFIELD ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Brownhills.

24 LICHFIELD ROAD: Plot and Title Map

24 LICHFIELD ROAD sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 24 LICHFIELD ROAD, 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 24 LICHFIELD ROAD). 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 24 LICHFIELD ROAD?

24 LICHFIELD ROAD is located in SANDHILLS, in the WS9 postcode district. The below map shows the position of No. 24 on LICHFIELD ROAD.