Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
241 LICHFIELD ROAD is a very large extended detached house of 148m², built sometime between 1900 and 1929. It was last sold for £385,000 in March 2024, which was around 12% above the average March 2024 detached price in the Walsall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 241 LICHFIELD ROAD since 1st 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 241 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 |
---|---|---|---|
2024 26 MAR | £385,000 | £344,465 | 12% above HPI |
2009 16 JAN | £191,000 | £197,672 | 3% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 241 LICHFIELD ROAD sales from January 2009 and March 2024 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 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2024 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
241 LICHFIELD ROAD is 148m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 241 LICHFIELD ROAD lies on this distribution: 92% of detached houses are smaller than 241 LICHFIELD ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Shelfield.
241 LICHFIELD ROAD sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 241 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 241 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.
241 LICHFIELD ROAD is located in SHELFIELD, in the WS4 postcode district. The below map shows the position of No. 241 on LICHFIELD ROAD.