11B, PARK ROAD, CHASE TERRACE, BURNTWOOD, WS7 1AE - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11B PARK ROAD is a very small detached house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £242,437. It was last sold for £235,000 in December 2022, which was around 52% below the average December 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

11B PARK ROAD Sold Prices

Land registry data shows three sales for 11B PARK ROAD 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 11B PARK ROAD 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
2022 6 DEC	£235,000	£493,533	52% below HPI
2016 22 MAR	£167,000	£330,260	49% below HPI
1998 28 MAY	£73,000	£112,470	35% below HPI

11B PARK ROAD 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 11B PARK ROAD sales between May 1998 and December 2022 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 March 2016 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 11B PARK ROAD be worth now?

11B PARK ROAD might now be worth an estimated £242,437.

This is based on house price inflation of 3.2%, between December 2022 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 11B PARK ROAD of £235,000 on 6th December 2022. For the value to have increased from £235,000 to £242,437 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 11B PARK ROAD has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2022 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 11B PARK ROAD has not materially changed since December 2022.

How Large is 11B PARK ROAD?

11B PARK ROAD is 67m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burntwood, and where 11B PARK ROAD lies on this distribution: 8% of detached houses houses are smaller than 11B PARK ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

11B PARK ROAD: Plot and Title Map

11B PARK ROAD sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 11B PARK ROAD, 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 11B PARK ROAD). 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 11B PARK ROAD?

11B PARK ROAD is located in CHASE TERRACE, in the WS7 postcode district. The below map shows the position of No. 11B on PARK ROAD.