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

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

37 CHESTNUT CLOSE is a large detached house of 121m², built sometime between 1996 and 2002. It was last sold for £362,500 in April 2022, which was around 19% 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	£448,934	19% below HPI
2013 10 JUL	£235,000	£285,438	18% below HPI
2011 9 MAR	£215,000	£274,069	22% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

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 in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 37 CHESTNUT CLOSE lies on this distribution: 69% of detached 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.