32, TEAN CLOSE, BURNTWOOD, WS7 9JS - £180,000

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

32 TEAN CLOSE is a very small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £180,000 in May 2005, which was around 31% below the average May 2005 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

32 TEAN CLOSE Sold Prices

Land registry data shows two sales for 32 TEAN CLOSE 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 32 TEAN 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
2005 27 MAY	£180,000	£260,649	31% below HPI
1996 30 JUL	£78,500	£96,246	18% below HPI

32 TEAN CLOSE 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 32 TEAN CLOSE sales from July 1996 and May 2005 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 July 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2005 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 32 TEAN CLOSE?

32 TEAN CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 32 TEAN CLOSE lies on this distribution: 16% of detached houses are smaller than 32 TEAN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

32 TEAN CLOSE: Plot and Title Map

32 TEAN CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 32 TEAN 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 32 TEAN 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.

Where is 32 TEAN CLOSE?

32 TEAN CLOSE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 32 on TEAN CLOSE.