31, TWO OAKS AVENUE, BURNTWOOD, WS7 1FP - £320,000

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

31 TWO OAKS AVENUE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £320,000 in July 2022, which was around 30% below the average July 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

31 TWO OAKS AVENUE Sold Prices

Land registry data shows three sales for 31 TWO OAKS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 31 TWO OAKS AVENUE 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
2022 4 JUL	£320,000	£458,048	30% below HPI
2014 26 SEP	£175,500	£313,523	44% below HPI
2008 22 FEB	£185,750	£299,948	38% below HPI

31 TWO OAKS AVENUE 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 three 31 TWO OAKS AVENUE sales between February 2008 and July 2022 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 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 31 TWO OAKS AVENUE?

31 TWO OAKS AVENUE is 80m² according to the EPC inspection conducted in June 2014. 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 31 TWO OAKS AVENUE lies on this distribution: 19% of detached houses are smaller than 31 TWO OAKS AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

31 TWO OAKS AVENUE: Plot and Title Map

31 TWO OAKS AVENUE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 31 TWO OAKS AVENUE, 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 31 TWO OAKS AVENUE). 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 31 TWO OAKS AVENUE?

31 TWO OAKS AVENUE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 31 on TWO OAKS AVENUE.