44, OAKLANDS CLOSE, HILL RIDWARE, RUGELEY, WS15 3RJ - £375,000

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.

44 OAKLANDS CLOSE is a small detached house of 107m², built sometime between 2003 and 2006, which could now be worth an estimated £386,867. It was last sold for £375,000 in December 2022, which was around 24% below the average December 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

44 OAKLANDS CLOSE Sold Prices

Land registry data shows three sales for 44 OAKLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 44 OAKLANDS CLOSE 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
2022 7 DEC	£375,000	£493,533	24% below HPI
2019 18 MAR	£270,000	£382,128	29% below HPI
2014 26 SEP	£218,000	£321,271	32% below HPI

44 OAKLANDS CLOSE 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 three 44 OAKLANDS CLOSE sales between September 2014 and December 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 March 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 44 OAKLANDS CLOSE be worth now?

44 OAKLANDS CLOSE might now be worth an estimated £386,867.

This is based on house price inflation of 3.2%, between December 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 3.2% inflationary increase is applied to the most recent sale price for 44 OAKLANDS CLOSE of £375,000 on 7th December 2022. For the value to have increased from £375,000 to £386,867 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 44 OAKLANDS CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 44 OAKLANDS CLOSE has not materially changed since December 2022.

How Large is 44 OAKLANDS CLOSE?

44 OAKLANDS CLOSE is 107m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hill Ridware, and where 44 OAKLANDS CLOSE lies on this distribution: 31% of detached houses houses are smaller than 44 OAKLANDS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.

44 OAKLANDS CLOSE: Plot and Title Map

44 OAKLANDS CLOSE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 44 OAKLANDS CLOSE, 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 44 OAKLANDS CLOSE). 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 44 OAKLANDS CLOSE?

44 OAKLANDS CLOSE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 44 on OAKLANDS CLOSE.