17, THE RIDGEWAY, BURNTWOOD, WS7 4SQ - £149,950

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.

17 THE RIDGEWAY is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £274,082. It was last sold for £149,950 in November 2011, which was around 10% below the average November 2011 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

17 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 17 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 17 THE RIDGEWAY 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
2011 29 NOV	£149,950	£166,802	10% below HPI
2009 9 DEC	£136,500	£164,538	17% below HPI

17 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 17 THE RIDGEWAY sales from December 2009 and November 2011 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 December 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2011 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 17 THE RIDGEWAY be worth now?

17 THE RIDGEWAY might now be worth an estimated £274,082.

This is based on house price inflation of 82.8%, between November 2011 and February 2025, for semi-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 82.8% inflationary increase is applied to the most recent sale price for 17 THE RIDGEWAY of £149,950 on 29th November 2011. For the value to have increased from £149,950 to £274,082 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 17 THE RIDGEWAY has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The November 2011 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 17 THE RIDGEWAY has not materially changed since November 2011.

How Large is 17 THE RIDGEWAY?

17 THE RIDGEWAY is 72m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of semi-detached houses houses in Burntwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burntwood, and where 17 THE RIDGEWAY lies on this distribution: 11% of semi-detached houses houses are smaller than 17 THE RIDGEWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

17 THE RIDGEWAY: Plot and Title Map

17 THE RIDGEWAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 17 THE RIDGEWAY, 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 17 THE RIDGEWAY). 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 17 THE RIDGEWAY?

17 THE RIDGEWAY is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 17 on THE RIDGEWAY.