2, PARKHILL ROAD, BURNTWOOD, WS7 2ER - £202,000

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 PARKHILL ROAD is a small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £202,000 in February 2020, which was around 48% below the average February 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

2 PARKHILL ROAD Sold Prices

Land registry data shows three sales for 2 PARKHILL ROAD 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 2 PARKHILL 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
2020 7 FEB	£202,000	£386,798	48% below HPI
2019 29 NOV	£230,000	£373,576	38% below HPI
2002 22 NOV	£90,000	£193,135	53% below HPI

2 PARKHILL 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 three 2 PARKHILL ROAD sales between November 2002 and February 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 November 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 PARKHILL ROAD?

2 PARKHILL ROAD is 84m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% 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 PARKHILL ROAD lies on this distribution: 22% of detached houses are smaller than 2 PARKHILL ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

2 PARKHILL ROAD: Plot and Title Map

2 PARKHILL ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 2 PARKHILL 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 PARKHILL 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 PARKHILL ROAD?

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