4, PRINCESS CLOSE, BURNTWOOD, WS7 1BP - £275,000

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

4 PRINCESS CLOSE is a small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £275,000 in April 2023, which was around 39% below the average April 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

4 PRINCESS CLOSE Sold Prices

Land registry data shows two sales for 4 PRINCESS 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 4 PRINCESS 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 21 APR	£275,000	£453,956	39% below HPI
2018 7 DEC	£192,000	£382,668	50% below HPI

4 PRINCESS 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 4 PRINCESS CLOSE sales from December 2018 and April 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 2018 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2023 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 4 PRINCESS CLOSE?

4 PRINCESS CLOSE is 85m² according to the EPC inspection conducted in April 2018. 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 4 PRINCESS CLOSE lies on this distribution: 23% of detached houses are smaller than 4 PRINCESS CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

4 PRINCESS CLOSE: Plot and Title Map

4 PRINCESS CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 4 PRINCESS 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 4 PRINCESS 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 4 PRINCESS CLOSE?

4 PRINCESS CLOSE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 4 on PRINCESS CLOSE.