4, CHESTNUT DRIVE, SHENSTONE, LICHFIELD, WS14 0JH - £570,000

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

4 CHESTNUT DRIVE is a midsized extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £570,000 in January 2021, which was around 39% above the average January 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2020, where the current energy rating was E, and the potential energy rating was C.

4 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 4 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 4 CHESTNUT DRIVE sales were for above 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
2021 15 JAN	£570,000	£408,800	39% above HPI
2005 4 MAY	£365,000	£260,649	40% above HPI

4 CHESTNUT DRIVE 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 two 4 CHESTNUT DRIVE sales from May 2005 and January 2021 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 May 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2021 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 4 CHESTNUT DRIVE?

4 CHESTNUT DRIVE is 141m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the smallest 50% of detached houses in Shenstone, based on EPC data. The below chart shows the distribution of detached houses by size in Shenstone, and where 4 CHESTNUT DRIVE lies on this distribution: 42% of detached houses are smaller than 4 CHESTNUT DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Shenstone.

4 CHESTNUT DRIVE: Plot and Title Map

4 CHESTNUT DRIVE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 4 CHESTNUT DRIVE, 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 4 CHESTNUT DRIVE). 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 4 CHESTNUT DRIVE?

4 CHESTNUT DRIVE is located in SHENSTONE, in the WS14 postcode district. The below map shows the position of No. 4 on CHESTNUT DRIVE.