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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 48, Cornfield Drive, Lichfield is a mid-century apartment with 279 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Cornfield Drive, Lichfield is £96,832 and the estimated rental value is £670 per month.
Cornfield Drive, Lichfield, WS14 is located in the borough of Lichfield within the WS14 postal district.
48, Cornfield Drive, Lichfield has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 48, Cornfield Drive, Lichfield is in very good condition we estimate a sale value of £101,674 and a rental value of £704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,054 and a rental value of £624 per month.
Over the last 12 months the sale value of 48 Cornfield Drive Lichfield has increased by an estimated £174 (0.2%) and its rental value has increased by an estimated £27 per month (4.0%), giving an expected gross yield of 8.3%.
48, Cornfield Drive, Lichfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 48, Cornfield Drive, Lichfield was last sold on 24th November 2006 for £75,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Cornfield Drive, Lichfield within a radius of 650 metres over the last 2 years.
The most recent example is 92, Cornfield Drive, Lichfield, WS14 9UG, a leasehold flat which sold for £89,220 on the 4th July 2023.
Read more about house prices in WS14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornfield Drive, Lichfield, WS14 has a total of 96 addresses. According to our analysis of all the public data, 48, Cornfield Drive, Lichfield is the 81st largest and the 81st most expensive property on the street.
When compared to the postcode district it is £333k less expensive than the average property in WS14.
The closest station to 48, Cornfield Drive, Lichfield is Lichfield Trent Valley station which is 500 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 48, Cornfield Drive, Lichfield, 47.0% of property is privately owned outright and 29.9% 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 48, Cornfield Drive, Lichfield, 8.6% of residents are recorded as possessing school level qualifications and 41.4% 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 48, Cornfield Drive, Lichfield, the average age was 47.2 and the most common age was 72.
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 48, Cornfield Drive, Lichfield, 1.5% 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 48, Cornfield Drive, Lichfield, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
