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
11 SCHOLARS GATE is a large detached house of 115m², built sometime between 1991 and 1995. It was last sold for £337,500 in February 2021, which was around 17% below the average February 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 11 SCHOLARS GATE since 1st 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. Two of the three 11 SCHOLARS GATE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2021 10 FEB | £337,500 | £406,063 | 17% below HPI |
2003 14 FEB | £220,000 | £202,471 | 9% above HPI |
1999 23 JUL | £118,500 | £122,793 | 3% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 11 SCHOLARS GATE sales between July 1999 and February 2021 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 February 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
11 SCHOLARS GATE is 115m² according to the EPC inspection conducted in July 2018. 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 11 SCHOLARS GATE lies on this distribution: 60% of detached houses are smaller than 11 SCHOLARS GATE, and 39% of houses are larger. Note that EPC data is not available for all properties in Burntwood.
11 SCHOLARS GATE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 11 SCHOLARS GATE, 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 11 SCHOLARS GATE). 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.
11 SCHOLARS GATE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 11 on SCHOLARS GATE.