23, MACADAM CLOSE, BURNTWOOD, WS7 9LJ - £289,000

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

23 MACADAM CLOSE is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £289,000 in March 2018, which was around 21% below the average March 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

23 MACADAM CLOSE Sold Prices

Land registry data shows two sales for 23 MACADAM 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 23 MACADAM 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
2018 29 MAR	£289,000	£364,364	21% below HPI
1997 21 APR	£86,000	£100,117	14% below HPI

23 MACADAM 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 23 MACADAM CLOSE sales from April 1997 and March 2018 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 April 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 23 MACADAM CLOSE?

23 MACADAM CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 23 MACADAM CLOSE lies on this distribution: 39% of detached houses are smaller than 23 MACADAM CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

23 MACADAM CLOSE: Plot and Title Map

23 MACADAM CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 23 MACADAM 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 23 MACADAM 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 23 MACADAM CLOSE?

23 MACADAM CLOSE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 23 on MACADAM CLOSE.