1, GULLICK WAY, BURNTWOOD, WS7 1FH - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GULLICK WAY is a small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £275,000 in January 2024, which was around 40% below the average January 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 GULLICK WAY Sold Prices

Land registry data shows three sales for 1 GULLICK WAY 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 1 GULLICK WAY 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
2024 26 JAN	£275,000	£459,405	40% below HPI
2015 23 OCT	£205,000	£334,130	39% below HPI
2000 20 APR	£82,950	£134,772	38% below HPI

1 GULLICK WAY 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 1 GULLICK WAY sales between April 2000 and January 2024 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 October 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1 GULLICK WAY?

1 GULLICK WAY is 84m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 GULLICK WAY lies on this distribution: 22% of detached houses are smaller than 1 GULLICK WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

1 GULLICK WAY: Plot and Title Map

1 GULLICK WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 1 GULLICK WAY, 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 GULLICK WAY). 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 1 GULLICK WAY?

1 GULLICK WAY is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 1 on GULLICK WAY.