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 SQUIRES GATE is a very large detached house of 277m², built sometime between 1991 and 1995. It was last sold for £795,000 in February 2022, which was around 80% above the average February 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 SQUIRES GATE since 1st 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 SQUIRES GATE sales were for above 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 |
---|---|---|---|
2022 16 FEB | £795,000 | £442,543 | 80% above HPI |
2008 8 SEP | £540,000 | £284,749 | 90% above HPI |
2002 28 MAR | £270,000 | £162,670 | 66% above HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 2 SQUIRES GATE sales between March 2002 and February 2022 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 September 2008 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the February 2022 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.
2 SQUIRES GATE is 277m² according to the EPC inspection conducted in March 2021. 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 2 SQUIRES GATE lies on this distribution: More than 99% of detached houses are smaller than 2 SQUIRES GATE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Burntwood.
2 SQUIRES GATE sits on a plot of roughly 0.395 of an acre, or 1,598m². The below map shows the location of 2 SQUIRES GATE, 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 SQUIRES GATE). 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.
2 SQUIRES GATE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 2 on SQUIRES GATE.