401, WATLING STREET, MILE OAK, TAMWORTH, B78 3ND - £765,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

401 WATLING STREET is a very large extended detached house of 269m², built sometime between 2003 and 2006, which could now be worth an estimated £829,842. It was last sold for £765,000 in July 2022, which was around 63% above the average July 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

401 WATLING STREET Sold Prices

Land registry data shows two sales for 401 WATLING STREET 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. One of the two 401 WATLING STREET sales was for above the average price, whilst the other was 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 14 JUL	£765,000	£469,367	63% above HPI
2002 18 OCT	£175,000	£195,566	11% below HPI

401 WATLING STREET 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 401 WATLING STREET sales from October 2002 and July 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 October 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2022 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 401 WATLING STREET be worth now?

401 WATLING STREET might now be worth an estimated £829,842.

This is based on house price inflation of 8.5%, between July 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 8.5% inflationary increase is applied to the most recent sale price for 401 WATLING STREET of £765,000 on 14th July 2022. For the value to have increased from £765,000 to £829,842 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 401 WATLING STREET has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The July 2022 sale price of £765,000 represented a fair market value for the property.
• The size, condition, and specification of 401 WATLING STREET has not materially changed since July 2022.

How Large is 401 WATLING STREET?

401 WATLING STREET is 269m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fazeley, and where 401 WATLING STREET lies on this distribution: 99% of detached houses houses are smaller than 401 WATLING STREET, and 1% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

401 WATLING STREET: Plot and Title Map

401 WATLING STREET sits on a plot of roughly 0.301 of an acre, or 1,217m². The below map shows the location of 401 WATLING STREET, 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 401 WATLING STREET). 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 401 WATLING STREET?

401 WATLING STREET is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 401 on WATLING STREET.