31, CHESTNUT CLOSE, HANDSACRE, RUGELEY, WS15 4TH - £215,000

31 CHESTNUT CLOSE is a very large extended detached house of 145m², built sometime between 1991 and 1995. It was last sold for £215,000 in August 2013, which was around 26% below the average August 2013 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

31 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 31 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 31 CHESTNUT CLOSE 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
2013 2 AUG	£215,000	£291,159	26% below HPI
2006 15 DEC	£234,950	£282,681	17% below HPI
2000 15 DEC	£119,950	£147,309	19% below HPI
1998 29 MAY	£92,000	£109,757	16% below HPI

31 CHESTNUT CLOSE 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 four 31 CHESTNUT CLOSE sales between May 1998 and August 2013 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 December 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 31 CHESTNUT CLOSE?

31 CHESTNUT CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 31 CHESTNUT CLOSE lies on this distribution: 88% of detached houses are smaller than 31 CHESTNUT CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Armitage.

31 CHESTNUT CLOSE: Plot and Title Map

31 CHESTNUT CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 31 CHESTNUT CLOSE, 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 31 CHESTNUT CLOSE). 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 31 CHESTNUT CLOSE?

31 CHESTNUT CLOSE is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 31 on CHESTNUT CLOSE.