2, CRANFIELD ROAD, BURNTWOOD, WS7 2DQ - £250,000

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

2 CRANFIELD ROAD is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £250,000 in February 2019, which was around 33% below the average February 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

2 CRANFIELD ROAD Sold Prices

Land registry data shows four sales for 2 CRANFIELD 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. All of the four 2 CRANFIELD 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
2019 18 FEB	£250,000	£371,694	33% below HPI
2018 23 AUG	£168,000	£378,840	56% below HPI
1999 16 SEP	£36,500	£126,601	71% below HPI
1999 16 AUG	£32,000	£123,786	74% below HPI

2 CRANFIELD 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 2 CRANFIELD ROAD sales between August 1999 and February 2019 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 August 2018 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 CRANFIELD ROAD?

2 CRANFIELD ROAD is 65m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 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 2 CRANFIELD ROAD lies on this distribution: 6% of detached houses are smaller than 2 CRANFIELD ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

2 CRANFIELD ROAD: Plot and Title Map

2 CRANFIELD ROAD sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 2 CRANFIELD 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 2 CRANFIELD 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 2 CRANFIELD ROAD?

2 CRANFIELD ROAD is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 2 on CRANFIELD ROAD.