16, GULLICK WAY, BURNTWOOD, WS7 1FH - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 GULLICK WAY is a large detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £425,456. It was last sold for £345,000 in November 2020, which was around 16% below the average November 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

16 GULLICK WAY Sold Prices

Land registry data shows two sales for 16 GULLICK WAY 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 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
2020 13 NOV	£345,000	£412,868	16% below HPI
2014 29 MAY	£220,000	£311,371	29% below HPI

16 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 two 16 GULLICK WAY sales from May 2014 and November 2020 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 May 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16 GULLICK WAY be worth now?

16 GULLICK WAY might now be worth an estimated £425,456.

This is based on house price inflation of 23.3%, between November 2020 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 23.3% inflationary increase is applied to the most recent sale price for 16 GULLICK WAY of £345,000 on 13th November 2020. For the value to have increased from £345,000 to £425,456 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 GULLICK WAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GULLICK WAY has not materially changed since November 2020.

How Large is 16 GULLICK WAY?

16 GULLICK WAY is 122m² according to the EPC inspection conducted in September 2012. This puts it in the largest 40% 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 16 GULLICK WAY lies on this distribution: 68% of detached houses houses are smaller than 16 GULLICK WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

16 GULLICK WAY: Plot and Title Map

16 GULLICK WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 16 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 16 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 16 GULLICK WAY?

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