116, LICHFIELD ROAD, SHELFIELD, WALSALL, WS4 1PS - £350,000

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.

116 LICHFIELD ROAD is a very large extended detached house of 128m², built sometime between 1930 and 1949, which could now be worth an estimated £520,408. It was last sold for £350,000 in May 2017, which was around 46% above the average May 2017 detached price in the Walsall local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

116 LICHFIELD ROAD Sold Prices

Land registry data shows one sale for 116 LICHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Walsall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 23 MAY	£350,000	£239,155	46% above HPI

What might 116 LICHFIELD ROAD be worth now?

116 LICHFIELD ROAD might now be worth an estimated £520,408.

This is based on house price inflation of 48.7%, between May 2017 and April 2026, for detached 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 48.7% inflationary increase is applied to the most recent sale price for 116 LICHFIELD ROAD of £350,000 on 23rd May 2017. For the value to have increased from £350,000 to £520,408 over the nine years and one month to April 2026, the following assumptions must hold true:

• The value of 116 LICHFIELD ROAD has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 116 LICHFIELD ROAD has not materially changed since May 2017.

How Large is 116 LICHFIELD ROAD?

116 LICHFIELD ROAD is 128m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 116 LICHFIELD ROAD lies on this distribution: 81% of detached houses are smaller than 116 LICHFIELD ROAD, and 19% of detached houses are larger. Note that EPC data is not available for all properties in Shelfield.

116 LICHFIELD ROAD: Plot

116 LICHFIELD ROAD sits on a plot of roughly 0.138 of an acre, or 557m².

Where is 116 LICHFIELD ROAD?

116 LICHFIELD ROAD is located in SHELFIELD, in the WS4 postcode district.