171, LICHFIELD ROAD, WILLENHALL, WV12 5BE - £112,000

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.

171 LICHFIELD ROAD is a very small terraced house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £183,298. It was last sold for £112,000 in June 2007, which was around 3% below the average June 2007 terraced price in the Walsall local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

171 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 171 LICHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. One of the two 171 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
2007 29 JUN	£112,000	£115,233	3% below HPI
1997 23 MAY	£44,950	£37,001	21% above HPI

171 LICHFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Walsall local authority area over time, sourced from the HPI. The two 171 LICHFIELD ROAD sales from May 1997 and June 2007 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 May 1997 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2007 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 171 LICHFIELD ROAD be worth now?

171 LICHFIELD ROAD might now be worth an estimated £183,298.

This is based on house price inflation of 63.7%, between June 2007 and May 2026, for terraced houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.7% inflationary increase is applied to the most recent sale price for 171 LICHFIELD ROAD of £112,000 on 29th June 2007. For the value to have increased from £112,000 to £183,298 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 171 LICHFIELD ROAD has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The June 2007 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 171 LICHFIELD ROAD has not materially changed since June 2007.

How Large is 171 LICHFIELD ROAD?

171 LICHFIELD ROAD is 77m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of terraced houses houses in Willenhall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Willenhall, and where 171 LICHFIELD ROAD lies on this distribution: 18% of terraced houses houses are smaller than 171 LICHFIELD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

171 LICHFIELD ROAD: Plot and Title Map

171 LICHFIELD ROAD sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 171 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 171 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 171 LICHFIELD ROAD?

171 LICHFIELD ROAD is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 171 on LICHFIELD ROAD.