7, YEW CLOSE, ARMITAGE, RUGELEY, WS15 4TX - £260,000

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.

7 YEW CLOSE is a small detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £358,775. It was last sold for £260,000 in August 2019, which was around 31% below the average August 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

7 YEW CLOSE Sold Prices

Land registry data shows three sales for 7 YEW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 7 YEW 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
2019 23 AUG	£260,000	£378,598	31% below HPI
2015 6 AUG	£229,950	£335,767	32% below HPI
2001 30 MAR	£108,000	£153,587	30% below HPI

7 YEW 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 three 7 YEW CLOSE sales between March 2001 and August 2019 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 August 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 YEW CLOSE be worth now?

7 YEW CLOSE might now be worth an estimated £358,775.

This is based on house price inflation of 38%, between August 2019 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 38% inflationary increase is applied to the most recent sale price for 7 YEW CLOSE of £260,000 on 23rd August 2019. For the value to have increased from £260,000 to £358,775 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 7 YEW CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 7 YEW CLOSE has not materially changed since August 2019.

How Large is 7 YEW CLOSE?

7 YEW CLOSE is 93m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% 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 7 YEW CLOSE lies on this distribution: 34% of detached houses houses are smaller than 7 YEW CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Armitage.

7 YEW CLOSE: Plot and Title Map

7 YEW CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 7 YEW 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 YEW 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 YEW CLOSE?

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