41, GILES ROAD, LICHFIELD, WS13 7JY - £240,000

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

41 GILES ROAD is a small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £240,000 in October 2020, which was around 40% below the average October 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

41 GILES ROAD Sold Prices

Land registry data shows four sales for 41 GILES ROAD 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. All of the four 41 GILES 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
2020 26 OCT	£240,000	£397,520	40% below HPI
2012 8 OCT	£160,000	£281,522	43% below HPI
2003 28 AUG	£133,000	£216,957	39% below HPI
1996 26 APR	£59,500	£93,140	36% below HPI

41 GILES 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 four 41 GILES ROAD sales between April 1996 and October 2020 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 2012 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 41 GILES ROAD?

41 GILES ROAD is 91m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the smallest 30% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 41 GILES ROAD lies on this distribution: 22% of detached houses are smaller than 41 GILES ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

41 GILES ROAD: Plot and Title Map

41 GILES ROAD sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 41 GILES 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 41 GILES 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 41 GILES ROAD?

41 GILES ROAD is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 41 on GILES ROAD.