37, CHESTNUT CLOSE, HANDSACRE, RUGELEY, WS15 4TH - £362,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

37 CHESTNUT CLOSE is a large detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £401,209. It was last sold for £362,500 in April 2022, which was around 21% below the average April 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

37 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 37 CHESTNUT CLOSE 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 37 CHESTNUT CLOSE 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
2022 28 APR	£362,500	£460,028	21% below HPI
2013 10 JUL	£235,000	£292,492	20% below HPI
2011 9 MAR	£215,000	£280,842	23% below HPI

37 CHESTNUT CLOSE 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 37 CHESTNUT CLOSE sales between March 2011 and April 2022 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 July 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 37 CHESTNUT CLOSE be worth now?

37 CHESTNUT CLOSE might now be worth an estimated £401,209.

This is based on house price inflation of 10.7%, between April 2022 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.7% inflationary increase is applied to the most recent sale price for 37 CHESTNUT CLOSE of £362,500 on 28th April 2022. For the value to have increased from £362,500 to £401,209 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 37 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The April 2022 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 37 CHESTNUT CLOSE has not materially changed since April 2022.

How Large is 37 CHESTNUT CLOSE?

37 CHESTNUT CLOSE is 121m² according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Armitage, and where 37 CHESTNUT CLOSE lies on this distribution: 70% of detached houses houses are smaller than 37 CHESTNUT CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Armitage.

37 CHESTNUT CLOSE: Plot and Title Map

37 CHESTNUT CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 37 CHESTNUT CLOSE, 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 37 CHESTNUT CLOSE). 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 37 CHESTNUT CLOSE?

37 CHESTNUT CLOSE is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 37 on CHESTNUT CLOSE.