THE SPINNEY, THE SHRUBBERY, ELFORD, TAMWORTH, B79 9BX - £650,000

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.

THE SPINNEY is a very large extended detached house of 302m², built sometime between 1950 and 1966, which could now be worth an estimated £915,194. It was last sold for £650,000 in December 2016, which was around 82% above the average December 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was D.

THE SPINNEY Sold Prices

Land registry data shows three sales for THE SPINNEY 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 THE SPINNEY sales were for above 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
2016 5 DEC	£650,000	£356,290	82% above HPI
2010 24 SEP	£425,000	£287,046	48% above HPI
1999 23 NOV	£250,000	£135,739	84% above HPI

THE SPINNEY 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 THE SPINNEY sales between November 1999 and December 2016 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 2010 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the December 2016 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might THE SPINNEY be worth now?

THE SPINNEY might now be worth an estimated £915,194.

This is based on house price inflation of 40.8%, between December 2016 and June 2025, 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 40.8% inflationary increase is applied to the most recent sale price for THE SPINNEY of £650,000 on 5th December 2016. For the value to have increased from £650,000 to £915,194 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of THE SPINNEY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2016 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of THE SPINNEY has not materially changed since December 2016.

How Large is THE SPINNEY?

THE SPINNEY is 302m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses houses in Elford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elford, and where THE SPINNEY lies on this distribution: 97% of detached houses houses are smaller than THE SPINNEY, and 3% of houses are larger. Note that EPC data is not available for all properties in Elford.

THE SPINNEY: Plot and Title Map

THE SPINNEY sits on a plot of roughly 0.396 of an acre, or 1,603m². The below map shows the location of THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

THE SPINNEY is located on THE SHRUBBERY in ELFORD, in the B79 postcode district. The below map shows the position of THE SPINNEY on THE SHRUBBERY.