24, NEW STREET, CHASE TERRACE, BURNTWOOD, WS7 1BS - £172,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

24 NEW STREET is a midsized extended semi-detached house of 102m², built sometime between 1930 and 1949. It was last sold for £172,500 in January 2015, which was around 45% below the average January 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

24 NEW STREET Sold Prices

Land registry data shows two sales for 24 NEW STREET 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 24 NEW STREET 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
2015 23 JAN	£172,500	£315,370	45% below HPI
2003 5 FEB	£130,000	£202,471	36% below HPI

24 NEW STREET 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 24 NEW STREET sales from February 2003 and January 2015 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 February 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2015 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 24 NEW STREET?

24 NEW STREET is 102m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 24 NEW STREET lies on this distribution: 43% of detached houses are smaller than 24 NEW STREET, and 56% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

24 NEW STREET: Plot and Title Map

24 NEW STREET sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 24 NEW STREET, 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 24 NEW STREET). 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 24 NEW STREET?

24 NEW STREET is located in CHASE TERRACE, in the WS7 postcode district. The below map shows the position of No. 24 on NEW STREET.