27, OAKLEY ROAD, BURNTWOOD, WS7 3RT - £262,500

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.

27 OAKLEY ROAD is a small detached house of 89m², which could now be worth an estimated £339,739. It was last sold for £262,500 in August 2020, which was around 33% below the average August 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

27 OAKLEY ROAD Sold Prices

Land registry data shows two sales for 27 OAKLEY ROAD 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 27 OAKLEY 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
2020 26 AUG	£262,500	£393,397	33% below HPI
2016 30 SEP	£229,950	£358,361	36% below HPI

27 OAKLEY ROAD 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 27 OAKLEY ROAD sales from September 2016 and August 2020 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 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 27 OAKLEY ROAD be worth now?

27 OAKLEY ROAD might now be worth an estimated £339,739.

This is based on house price inflation of 29.4%, between August 2020 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 29.4% inflationary increase is applied to the most recent sale price for 27 OAKLEY ROAD of £262,500 on 26th August 2020. For the value to have increased from £262,500 to £339,739 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 27 OAKLEY ROAD has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2020 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 27 OAKLEY ROAD has not materially changed since August 2020.

How Large is 27 OAKLEY ROAD?

27 OAKLEY ROAD is 89m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% 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 27 OAKLEY ROAD lies on this distribution: 30% of detached houses houses are smaller than 27 OAKLEY ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

27 OAKLEY ROAD: Plot and Title Map

27 OAKLEY ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 27 OAKLEY 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 OAKLEY 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.

Where is 27 OAKLEY ROAD?

27 OAKLEY ROAD is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 27 on OAKLEY ROAD.