407, WATLING STREET, MILE OAK, TAMWORTH, B78 3ND - £570,000

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

407 WATLING STREET is a very large extended detached house of 173m², built sometime between 1930 and 1949. It was last sold for £570,000 in October 2023, which was around 24% above the average October 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

407 WATLING STREET Sold Prices

Land registry data shows four sales for 407 WATLING STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. two of the four 407 WATLING STREET sales were for above the average price, and four 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
2023 6 OCT	£570,000	£461,405	24% above HPI
2014 30 SEP	£250,000	£313,523	20% below HPI
2007 4 MAY	£330,000	£286,558	15% above HPI
2002 16 MAY	£149,950	£167,447	10% below HPI

407 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 four 407 WATLING STREET sales between May 2002 and October 2023 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 September 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 407 WATLING STREET?

407 WATLING STREET is 173m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 407 WATLING STREET lies on this distribution: 89% of detached houses are smaller than 407 WATLING STREET, and 11% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

407 WATLING STREET: Plot and Title Map

407 WATLING STREET sits on a plot of roughly 0.326 of an acre, or 1,318m². The below map shows the location of 407 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 407 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 407 WATLING STREET?

407 WATLING STREET is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 407 on WATLING STREET.