16, UNION STREET, BURNTWOOD, WS7 3XX - £247,500

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 UNION STREET is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £309,358. It was last sold for £247,500 in October 2020, which was around 39% below the average October 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

16 UNION STREET Sold Prices

Land registry data shows three sales for 16 UNION STREET 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 16 UNION 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
2020 9 OCT	£247,500	£407,343	39% below HPI
2007 9 JUL	£155,000	£303,374	49% below HPI
1995 17 NOV	£61,975	£96,315	36% below HPI

16 UNION 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 three 16 UNION STREET sales between November 1995 and October 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 July 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 16 UNION STREET be worth now?

16 UNION STREET might now be worth an estimated £309,358.

This is based on house price inflation of 25%, between October 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 25% inflationary increase is applied to the most recent sale price for 16 UNION STREET of £247,500 on 9th October 2020. For the value to have increased from £247,500 to £309,358 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 UNION STREET has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The October 2020 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 16 UNION STREET has not materially changed since October 2020.

How Large is 16 UNION STREET?

16 UNION STREET is 108m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 50% 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 UNION STREET lies on this distribution: 50% of detached houses houses are smaller than 16 UNION STREET, and 49% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

16 UNION STREET: Plot and Title Map

16 UNION STREET sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 16 UNION 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 UNION 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 UNION STREET?

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