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
3 MANIFOLD CLOSE is a small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £345,000 in September 2023, which was around 25% below the average September 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 3 MANIFOLD CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 3 MANIFOLD 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 |
---|---|---|---|
2023 1 SEP | £345,000 | £459,721 | 25% below HPI |
2020 18 DEC | £275,000 | £405,420 | 32% below HPI |
2014 18 SEP | £195,000 | £313,523 | 38% below HPI |
2000 15 NOV | £104,000 | £148,689 | 30% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 3 MANIFOLD CLOSE sales between November 2000 and September 2023 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 December 2020 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
3 MANIFOLD CLOSE is 84m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 3 MANIFOLD CLOSE lies on this distribution: 22% of detached houses are smaller than 3 MANIFOLD CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Burntwood.
3 MANIFOLD CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 MANIFOLD 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 3 MANIFOLD 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.
3 MANIFOLD CLOSE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 3 on MANIFOLD CLOSE.