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
4 FIVES GROVE is a very small extended semi-detached house of 65m², built sometime between 1996 and 2002. It was last sold for £183,000 in February 2022, which was around 59% below the average February 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 4 FIVES GROVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Most of the five 4 FIVES GROVE 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 FEB | £183,000 | £442,543 | 59% below HPI |
2016 14 OCT | £150,000 | £348,121 | 57% below HPI |
2007 22 JUN | £125,000 | £292,626 | 57% below HPI |
2005 16 DEC | £122,000 | £268,532 | 55% below HPI |
2000 25 AUG | £250,000 | £144,770 | 73% above HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The five 4 FIVES GROVE sales between August 2000 and February 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 October 2016 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the February 2022 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.
4 FIVES GROVE is 65m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 4 FIVES GROVE lies on this distribution: 6% of detached houses are smaller than 4 FIVES GROVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Burntwood.
4 FIVES GROVE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 4 FIVES GROVE, 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 4 FIVES GROVE). 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.
4 FIVES GROVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 4 on FIVES GROVE.