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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 32, Chestnut Drive, Lichfield is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,568 ft2 of internal area and sits on a 697 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Chestnut Drive, Lichfield is £621,470 and the estimated rental value is £1,793 per month.
Chestnut Drive, Shenstone, Lichfield, WS14 is located in the borough of Lichfield within the WS14 postal district.
32, Chestnut Drive, Lichfield has a single entry in the Land Registry from January 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 32, Chestnut Drive, Lichfield is in very good condition we estimate a sale value of £652,543 and a rental value of £1,883 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £577,967 and a rental value of £1,668 per month.
Over the last 12 months the sale value of 32 Chestnut Drive Lichfield has increased by an estimated £3,190 (0.5%) and its rental value has increased by an estimated £63 per month (3.5%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 32, Chestnut Drive, Lichfield sits on a plot of 697m2.
We have plot size data on 27 out of 27 other houses in the postcode and 32, Chestnut Drive, Lichfield sits on the 13th largest plot.
According to HM Land Registry, 32, Chestnut Drive, Lichfield was last sold on 27th January 2009 for £401,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2009, the market for similar properties has risen 62.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Chestnut Drive, Lichfield within a radius of 3.4 kilometres over the last 2 years.
The most recent example is 3, Chestnut Drive, Lichfield, WS14 0JH, a freehold house which sold for £550,000 on the 23rd November 2022.
Read more about house prices in WS14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Drive, Shenstone, Lichfield, WS14 has a total of 27 addresses. According to our analysis of all the public data, 32, Chestnut Drive, Lichfield is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £186k more expensive than the average property in WS14.
The closest station to 32, Chestnut Drive, Lichfield is Shenstone station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 32, Chestnut Drive, Lichfield, 52.6% of property is privately owned outright and 40.6% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 32, Chestnut Drive, Lichfield, 18.1% of residents are recorded as possessing school level qualifications and 42.0% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 32, Chestnut Drive, Lichfield, the average age was 47.8 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 32, Chestnut Drive, Lichfield, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 32, Chestnut Drive, Lichfield, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
