74, LICHFIELD ROAD, PELSALL, WALSALL, WS3 4HH - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

74 LICHFIELD ROAD is a very large detached house of 141m², built sometime between 1950 and 1966. It was last sold for £245,000 in May 2018, which was around 7% below the average May 2018 detached price in the Walsall local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

74 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 74 LICHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. One of the two 74 LICHFIELD ROAD sales was for below the average price, whilst the other was for above 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
2018 4 MAY	£245,000	£263,026	7% below HPI
2002 7 OCT	£165,000	£140,022	18% above HPI

74 LICHFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 74 LICHFIELD ROAD sales from October 2002 and May 2018 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 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 74 LICHFIELD ROAD?

74 LICHFIELD ROAD is 141m² according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses in Pelsall, based on EPC data. The below chart shows the distribution of detached houses by size in Pelsall, and where 74 LICHFIELD ROAD lies on this distribution: 85% of detached houses are smaller than 74 LICHFIELD ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Pelsall.

74 LICHFIELD ROAD: Plot and Title Map

74 LICHFIELD ROAD sits on a plot of roughly 0.207 of an acre, or 839m². The below map shows the location of 74 LICHFIELD 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 74 LICHFIELD 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 74 LICHFIELD ROAD?

74 LICHFIELD ROAD is located in PELSALL, in the WS3 postcode district. The below map shows the position of No. 74 on LICHFIELD ROAD.