2, PINE TREE CLOSE, BURNTWOOD, WS7 4TE - £275,000

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.

2 PINE TREE CLOSE is a large detached house of 119m², which could now be worth an estimated £343,731. It was last sold for £275,000 in October 2020, which was around 32% below the average October 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2010, where the current energy rating was B, and the potential energy rating was B.

2 PINE TREE CLOSE Sold Prices

Land registry data shows two sales for 2 PINE TREE 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 2 PINE TREE 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
2020 2 OCT	£275,000	£407,343	32% below HPI
2010 14 DEC	£200,000	£298,349	33% below HPI

2 PINE TREE 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 2 PINE TREE CLOSE sales from December 2010 and October 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 December 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 PINE TREE CLOSE be worth now?

2 PINE TREE CLOSE might now be worth an estimated £343,731.

This is based on house price inflation of 25%, between October 2020 and February 2025, for 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 25% inflationary increase is applied to the most recent sale price for 2 PINE TREE CLOSE of £275,000 on 2nd October 2020. For the value to have increased from £275,000 to £343,731 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 PINE TREE CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The October 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PINE TREE CLOSE has not materially changed since October 2020.

How Large is 2 PINE TREE CLOSE?

2 PINE TREE CLOSE is 119m² according to the EPC inspection conducted in November 2010. This puts it in the largest 40% of detached houses houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burntwood, and where 2 PINE TREE CLOSE lies on this distribution: 65% of detached houses houses are smaller than 2 PINE TREE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

2 PINE TREE CLOSE: Plot and Title Map

2 PINE TREE CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 PINE TREE 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 2 PINE TREE 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 2 PINE TREE CLOSE?

2 PINE TREE CLOSE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 2 on PINE TREE CLOSE.