40, STAFFORD ROAD, LICHFIELD, WS13 7BZ - £255,000

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

40 STAFFORD ROAD is a very small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £255,000 in May 2016, which was around 24% below the average May 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

40 STAFFORD ROAD Sold Prices

Land registry data shows two sales for 40 STAFFORD ROAD 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 40 STAFFORD 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
2016 19 MAY	£255,000	£333,399	24% below HPI
2001 2 MAR	£120,000	£149,883	20% below HPI

40 STAFFORD ROAD 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 40 STAFFORD ROAD sales from March 2001 and May 2016 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 March 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 STAFFORD ROAD?

40 STAFFORD ROAD is 81m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 40 STAFFORD ROAD lies on this distribution: 13% of detached houses are smaller than 40 STAFFORD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

40 STAFFORD ROAD: Plot and Title Map

40 STAFFORD ROAD sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 40 STAFFORD 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 40 STAFFORD 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.

Where is 40 STAFFORD ROAD?

40 STAFFORD ROAD is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 40 on STAFFORD ROAD.