12, NEW STREET, CHASETOWN, BURNTWOOD, WS7 3XY - £225,000

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

12 NEW STREET is a small extended detached house of 90m², built sometime before 1900. It was last sold for £225,000 in May 2022, which was around 50% below the average May 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2022, where the current energy rating was F, and the potential energy rating was B.

12 NEW STREET Sold Prices

Land registry data shows two sales for 12 NEW STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 12 NEW STREET 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 30 MAY	£225,000	£448,607	50% below HPI
2001 14 SEP	£76,950	£158,068	51% below HPI

12 NEW STREET 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 two 12 NEW STREET sales from September 2001 and May 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 September 2001 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the May 2022 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 12 NEW STREET?

12 NEW STREET is 90m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 12 NEW STREET lies on this distribution: 31% of detached houses are smaller than 12 NEW STREET, and 67% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

12 NEW STREET: Plot and Title Map

12 NEW STREET sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 12 NEW STREET, 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 12 NEW STREET). 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 12 NEW STREET?

12 NEW STREET is located in CHASETOWN, in the WS7 postcode district. The below map shows the position of No. 12 on NEW STREET.