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
79 WELLFIELD ROAD is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £350,000 in September 2022, which was around 25% below the average September 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 79 WELLFIELD ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 79 WELLFIELD ROAD 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 6 SEP | £350,000 | £465,340 | 25% below HPI |
2016 13 SEP | £175,000 | £349,719 | 50% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 79 WELLFIELD ROAD sales from September 2016 and September 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 September 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
79 WELLFIELD ROAD is 119m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 50% of detached houses in Alrewas, based on EPC data. The below chart shows the distribution of detached houses by size in Alrewas, and where 79 WELLFIELD ROAD lies on this distribution: 44% of detached houses are smaller than 79 WELLFIELD ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Alrewas.
79 WELLFIELD ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 79 WELLFIELD 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 79 WELLFIELD 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.
79 WELLFIELD ROAD is located in ALREWAS, in the DE13 postcode district. The below map shows the position of No. 79 on WELLFIELD ROAD.