7, CHESTNUT CLOSE, HANDSACRE, RUGELEY, WS15 4TH - £340,000

7 CHESTNUT CLOSE is a large detached house of 116m², built sometime between 1996 and 2002. It was last sold for £340,000 in July 2022, which was around 26% below the average July 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

7 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 7 CHESTNUT CLOSE 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 7 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
2022 28 JUL	£340,000	£458,379	26% below HPI
2000 12 SEP	£117,000	£147,918	21% below HPI

7 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 two 7 CHESTNUT CLOSE sales from September 2000 and July 2022 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 September 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 CHESTNUT CLOSE?

7 CHESTNUT CLOSE is 116m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 7 CHESTNUT CLOSE lies on this distribution: 63% of detached houses are smaller than 7 CHESTNUT CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Armitage.

7 CHESTNUT CLOSE: Plot and Title Map

7 CHESTNUT CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 7 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 7 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 7 CHESTNUT CLOSE?

7 CHESTNUT CLOSE is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 7 on CHESTNUT CLOSE.