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
27 LICHFIELD ROAD is a very small extended detached house of 79m², built sometime between 1900 and 1929. It was last sold for £280,000 in May 2021, which was around 31% below the average May 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows seven sales for 27 LICHFIELD ROAD since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the seven 27 LICHFIELD ROAD 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 28 MAY | £280,000 | £407,390 | 31% below HPI |
2013 16 OCT | £240,000 | £292,805 | 18% below HPI |
2012 19 OCT | £234,950 | £281,522 | 17% below HPI |
2007 26 OCT | £240,000 | £291,046 | 18% below HPI |
2004 8 DEC | £191,950 | £258,099 | 26% below HPI |
2004 29 JUL | £150,000 | £246,466 | 39% below HPI |
1997 5 DEC | £77,500 | £108,686 | 29% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The seven 27 LICHFIELD ROAD sales between December 1997 and May 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 October 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
27 LICHFIELD ROAD is 79m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 27 LICHFIELD ROAD lies on this distribution: 17% of detached houses are smaller than 27 LICHFIELD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Burntwood.
27 LICHFIELD ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 27 LICHFIELD ROAD, 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 27 LICHFIELD ROAD). 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.
27 LICHFIELD ROAD is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 27 on LICHFIELD ROAD.