71, PEAK CLOSE, ARMITAGE, RUGELEY, WS15 4TY - £275,000

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

71 PEAK CLOSE is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £275,000 in May 2023, which was around 39% below the average May 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

71 PEAK CLOSE Sold Prices

Land registry data shows five sales for 71 PEAK CLOSE 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 71 PEAK 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
2023 26 MAY	£275,000	£453,297	39% below HPI
2015 17 JUL	£197,000	£326,071	40% below HPI
2003 31 JUL	£138,000	£214,934	36% below HPI
2000 12 JUL	£78,250	£141,541	45% below HPI
1996 1 NOV	£59,500	£97,811	39% below HPI

71 PEAK 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 five 71 PEAK CLOSE sales between November 1996 and May 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 July 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2023 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 71 PEAK CLOSE?

71 PEAK CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 71 PEAK CLOSE lies on this distribution: 31% of detached houses are smaller than 71 PEAK CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Armitage.

71 PEAK CLOSE: Plot and Title Map

71 PEAK CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 71 PEAK 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 71 PEAK 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 71 PEAK CLOSE?

71 PEAK CLOSE is located in ARMITAGE, in the WS15 postcode district. The below map shows the position of No. 71 on PEAK CLOSE.