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
42 TRAFALGAR WAY is a very small detached house of 75m², built sometime from 2007 onwards. It was last sold for £340,000 in June 2024, which was around 28% below the average June 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 42 TRAFALGAR WAY since 1st 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 42 TRAFALGAR WAY 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 |
---|---|---|---|
2024 14 JUN | £340,000 | £469,896 | 28% below HPI |
2021 19 MAR | £315,000 | £407,885 | 23% below HPI |
2018 16 NOV | £299,950 | £385,074 | 22% below HPI |
2008 28 MAY | £214,995 | £297,899 | 28% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 42 TRAFALGAR WAY sales between May 2008 and June 2024 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 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
42 TRAFALGAR WAY is 75m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 42 TRAFALGAR WAY lies on this distribution: 8% of detached houses are smaller than 42 TRAFALGAR WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Lichfield.
42 TRAFALGAR WAY sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 42 TRAFALGAR WAY, 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 42 TRAFALGAR WAY). 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.
42 TRAFALGAR WAY is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 42 on TRAFALGAR WAY.