197, CHASE ROAD, BURNTWOOD, WS7 0EB - £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

197 CHASE ROAD is a very large extended detached house of 190m², built sometime before 1900. It was last sold for £360,000 in April 2017, which was around 7% above the average April 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

197 CHASE ROAD Sold Prices

Land registry data shows four sales for 197 CHASE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Most of the four 197 CHASE ROAD 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
2017 21 APR	£360,000	£337,683	7% above HPI
2005 1 APR	£249,999	£264,601	6% below HPI
2002 27 SEP	£130,000	£188,563	31% below HPI
1999 16 AUG	£88,000	£123,786	29% below HPI

197 CHASE ROAD 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 four 197 CHASE ROAD sales between August 1999 and April 2017 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 April 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 197 CHASE ROAD?

197 CHASE ROAD is 190m², which includes four extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 197 CHASE ROAD lies on this distribution: 97% of detached houses are smaller than 197 CHASE ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

197 CHASE ROAD: Plot and Title Map

197 CHASE ROAD sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 197 CHASE ROAD, 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 197 CHASE ROAD). 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 197 CHASE ROAD?

197 CHASE ROAD is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 197 on CHASE ROAD.