Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 CHESHIRE CLOSE is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £450,000 in January 2023, which was around 5% below the average January 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1 CHESHIRE CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 1 CHESHIRE 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 |
---|---|---|---|
2023 20 JAN | £450,000 | £473,206 | 5% below HPI |
2018 7 SEP | £340,000 | £375,482 | 9% below HPI |
2005 28 APR | £249,950 | £264,601 | 6% below HPI |
2003 29 MAY | £205,000 | £212,530 | 4% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 1 CHESHIRE CLOSE sales between May 2003 and January 2023 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 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
1 CHESHIRE CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 1 CHESHIRE CLOSE lies on this distribution: 65% of detached houses are smaller than 1 CHESHIRE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Burntwood.
1 CHESHIRE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 1 CHESHIRE 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 1 CHESHIRE 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.
1 CHESHIRE CLOSE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 1 on CHESHIRE CLOSE.