16, CROSS STREET, BURNTWOOD, WS7 1AP - £350,000

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

16 CROSS STREET is a large extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £350,000 in May 2022, which was around 22% below the average May 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

16 CROSS STREET Sold Prices

Land registry data shows two sales for 16 CROSS 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 16 CROSS 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 20 MAY	£350,000	£448,607	22% below HPI
1997 27 JUN	£89,950	£104,221	14% below HPI

16 CROSS 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 16 CROSS STREET sales from June 1997 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 June 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 CROSS STREET?

16 CROSS STREET is 116m², which includes one extension, according to the EPC inspection conducted in January 2022. 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 16 CROSS STREET lies on this distribution: 61% of detached houses are smaller than 16 CROSS STREET, and 38% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

16 CROSS STREET: Plot and Title Map

16 CROSS STREET sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 16 CROSS 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 16 CROSS 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 16 CROSS STREET?

16 CROSS STREET is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 16 on CROSS STREET.