NURSES COTTAGE, LICHFIELD STREET, FAZELEY, TAMWORTH, B78 3QE - £400,000

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

NURSES COTTAGE is a very large extended detached house of 217m², built sometime between 1930 and 1949. It was last sold for £400,000 in October 2018, which was around 5% above the average October 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

NURSES COTTAGE Sold Prices

Land registry data shows five sales for NURSES COTTAGE 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 NURSES COTTAGE sales were 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 24 OCT	£400,000	£382,190	5% above HPI
2010 27 APR	£392,500	£280,224	40% above HPI
2003 29 AUG	£312,000	£216,957	44% above HPI
2000 22 SEP	£182,500	£147,918	23% above HPI
1998 11 JUN	£132,000	£114,281	16% above HPI

NURSES COTTAGE 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 NURSES COTTAGE sales between June 1998 and October 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 April 2010 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is NURSES COTTAGE?

NURSES COTTAGE is 217m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where NURSES COTTAGE lies on this distribution: 95% of detached houses are smaller than NURSES COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

NURSES COTTAGE: Plot and Title Map

NURSES COTTAGE sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of NURSES COTTAGE, 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 NURSES COTTAGE). 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 NURSES COTTAGE?

NURSES COTTAGE is located on LICHFIELD STREET in FAZELEY, in the B78 postcode district. The below map shows the position of NURSES COTTAGE on LICHFIELD STREET.