24, MILLCROFT WAY, HANDSACRE, RUGELEY, WS15 4TE - £165,000

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

24 MILLCROFT WAY is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £165,000 in November 2018, which was around 57% below the average November 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

24 MILLCROFT WAY Sold Prices

Land registry data shows three sales for 24 MILLCROFT WAY since 1^st 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 24 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
2018 12 NOV	£165,000	£385,074	57% below HPI
2013 14 FEB	£160,000	£274,270	42% below HPI
2001 30 MAR	£87,000	£149,883	42% below HPI

24 MILLCROFT WAY 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 three 24 MILLCROFT WAY sales between March 2001 and November 2018 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 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2018 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 24 MILLCROFT WAY?

24 MILLCROFT WAY is 80m² according to the EPC inspection conducted in April 2024. 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 24 MILLCROFT WAY lies on this distribution: 18% of detached houses are smaller than 24 MILLCROFT WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Armitage.

24 MILLCROFT WAY: Plot and Title Map

24 MILLCROFT WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 24 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 24 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.

Where is 24 MILLCROFT WAY?

24 MILLCROFT WAY is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 24 on MILLCROFT WAY.