18, CHESTNUT CLOSE, CHASETOWN, BURNTWOOD, WS7 3AD - £360,000

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

18 CHESTNUT CLOSE is a large detached house of 121m². It was last sold for £360,000 in June 2022, which was around 21% below the average June 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

18 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 18 CHESTNUT CLOSE 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 18 CHESTNUT CLOSE 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 1 JUN	£360,000	£455,288	21% below HPI
2017 12 MAY	£185,000	£338,538	45% below HPI

18 CHESTNUT CLOSE 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 18 CHESTNUT CLOSE sales from May 2017 and June 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 May 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 18 CHESTNUT CLOSE?

18 CHESTNUT CLOSE is 121m² according to the EPC inspection conducted in August 2018. 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 18 CHESTNUT CLOSE lies on this distribution: 67% of detached houses are smaller than 18 CHESTNUT CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

18 CHESTNUT CLOSE: Plot and Title Map

18 CHESTNUT CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 18 CHESTNUT CLOSE, 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 18 CHESTNUT CLOSE). 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 18 CHESTNUT CLOSE?

18 CHESTNUT CLOSE is located in CHASETOWN, in the WS7 postcode district. The below map shows the position of No. 18 on CHESTNUT CLOSE.