41, LICHFIELD ROAD, ARMITAGE, RUGELEY, WS15 4DF - £280,000

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.

41 LICHFIELD ROAD is a small detached house of 84m², built in 2016, which could now be worth an estimated £376,293. It was last sold for £280,000 in January 2020, which was around 28% below the average January 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

41 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 41 LICHFIELD ROAD 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. Both of the two 41 LICHFIELD 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
2020 24 JAN	£280,000	£388,740	28% below HPI
2017 23 JAN	£189,000	£355,424	47% below HPI

41 LICHFIELD ROAD 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 41 LICHFIELD ROAD sales from January 2017 and January 2020 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 January 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 41 LICHFIELD ROAD be worth now?

41 LICHFIELD ROAD might now be worth an estimated £376,293.

This is based on house price inflation of 34.4%, between January 2020 and April 2026, 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 34.4% inflationary increase is applied to the most recent sale price for 41 LICHFIELD ROAD of £280,000 on 24th January 2020. For the value to have increased from £280,000 to £376,293 over the five years and nine months to April 2026, the following assumptions must hold true:

• The value of 41 LICHFIELD ROAD has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The January 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LICHFIELD ROAD has not materially changed since January 2020.

How Large is 41 LICHFIELD ROAD?

41 LICHFIELD ROAD is 84m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Armitage, and where 41 LICHFIELD ROAD lies on this distribution: 23% of detached houses houses are smaller than 41 LICHFIELD ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Armitage.

41 LICHFIELD ROAD: Plot and Title Map

41 LICHFIELD ROAD sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 41 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 41 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 41 LICHFIELD ROAD?

41 LICHFIELD ROAD is located in ARMITAGE, in the WS15 postcode district. The below map shows the position of No. 41 on LICHFIELD ROAD.