57, MILLCROFT WAY, HANDSACRE, RUGELEY, WS15 4TE - £187,500

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

57 MILLCROFT WAY is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £187,500 in May 2019, which was around 49% below the average May 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

57 MILLCROFT WAY Sold Prices

Land registry data shows five sales for 57 MILLCROFT WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the five 57 MILLCROFT 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
2019 15 MAY	£187,500	£364,515	49% below HPI
2015 22 JUN	£155,000	£330,428	53% below HPI
2006 8 MAY	£156,000	£268,176	42% below HPI
2001 2 NOV	£85,000	£160,921	47% below HPI
1995 31 MAR	£55,500	£93,652	41% below HPI

57 MILLCROFT WAY 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 five 57 MILLCROFT WAY sales between March 1995 and May 2019 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 June 2015 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2019 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 57 MILLCROFT WAY?

57 MILLCROFT WAY is 65m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 57 MILLCROFT WAY lies on this distribution: 7% of detached houses are smaller than 57 MILLCROFT WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Armitage.

57 MILLCROFT WAY: Plot and Title Map

57 MILLCROFT WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 57 MILLCROFT 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 57 MILLCROFT 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.

Where is 57 MILLCROFT WAY?

57 MILLCROFT WAY is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 57 on MILLCROFT WAY.