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
38 LICHFIELD ROAD is a small extended semi-detached house of 95m², built sometime between 1930 and 1949. It was last sold for £160,000 in December 2014, which was around 26% below the average December 2014 detached price in the Walsall local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 38 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. Both of the two 38 LICHFIELD ROAD 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 |
---|---|---|---|
2014 1 DEC | £160,000 | £216,824 | 26% below HPI |
2014 28 FEB | £125,000 | £211,101 | 41% 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 38 LICHFIELD ROAD sales from February 2014 and December 2014 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 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
38 LICHFIELD ROAD is 95m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Rushall, based on EPC data. The below chart shows the distribution of detached houses by size in Rushall, and where 38 LICHFIELD ROAD lies on this distribution: 36% of detached houses are smaller than 38 LICHFIELD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Rushall.
38 LICHFIELD ROAD sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 38 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 38 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.
38 LICHFIELD ROAD is located in RUSHALL, in the WS4 postcode district. The below map shows the position of No. 38 on LICHFIELD ROAD.