WILLOW COTTAGE, LICHFIELD ROAD, HOPWAS, TAMWORTH, B78 3AE - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WILLOW COTTAGE is a large detached house of 168m², built in 2020, which could now be worth an estimated £396,386. It was last sold for £325,000 in May 2021, which was around 22% below the average May 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

WILLOW COTTAGE Sold Prices

Land registry data shows two sales for WILLOW COTTAGE since 1^st 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. One of the two WILLOW COTTAGE 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
2021 28 MAY	£325,000	£417,457	22% below HPI
2019 14 OCT	£415,000	£384,977	8% above HPI

WILLOW 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 two WILLOW COTTAGE sales from October 2019 and May 2021 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 2019 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might WILLOW COTTAGE be worth now?

WILLOW COTTAGE might now be worth an estimated £396,386.

This is based on house price inflation of 22%, between May 2021 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for WILLOW COTTAGE of £325,000 on 28th May 2021. For the value to have increased from £325,000 to £396,386 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of WILLOW COTTAGE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The May 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of WILLOW COTTAGE has not materially changed since May 2021.

How Large is WILLOW COTTAGE?

WILLOW COTTAGE is 168m² according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of detached houses houses in Hopwas, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hopwas, and where WILLOW COTTAGE lies on this distribution: 68% of detached houses houses are smaller than WILLOW COTTAGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Hopwas.

WILLOW COTTAGE: Plot and Title Map

WILLOW COTTAGE sits on a plot of roughly 0.237 of an acre, or 960m². The below map shows the location of WILLOW 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 WILLOW 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 WILLOW COTTAGE?

WILLOW COTTAGE is located on LICHFIELD ROAD in HOPWAS, in the B78 postcode district. The below map shows the position of WILLOW COTTAGE on LICHFIELD ROAD.