2, PLUMB CLOSE, BURNTWOOD, WS7 3RG - £314,500

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 PLUMB CLOSE is a midsized detached house of 113m², which could now be worth an estimated £380,434. It was last sold for £314,500 in September 2021, which was around 25% below the average September 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

2 PLUMB CLOSE Sold Prices

Land registry data shows two sales for 2 PLUMB 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 PLUMB 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
2021 20 SEP	£314,500	£420,909	25% below HPI
2017 8 DEC	£280,000	£369,648	24% below HPI

2 PLUMB 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 PLUMB CLOSE sales from December 2017 and September 2021 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 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 PLUMB CLOSE be worth now?

2 PLUMB CLOSE might now be worth an estimated £380,434.

This is based on house price inflation of 21%, between September 2021 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 21% inflationary increase is applied to the most recent sale price for 2 PLUMB CLOSE of £314,500 on 20th September 2021. For the value to have increased from £314,500 to £380,434 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 PLUMB CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2021 sale price of £314,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PLUMB CLOSE has not materially changed since September 2021.

How Large is 2 PLUMB CLOSE?

2 PLUMB CLOSE is 113m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% 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 PLUMB CLOSE lies on this distribution: 56% of detached houses houses are smaller than 2 PLUMB CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

2 PLUMB CLOSE: Plot and Title Map

2 PLUMB CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 2 PLUMB 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 PLUMB 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 PLUMB CLOSE?

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