4, WEDGEWOOD CLOSE, BURNTWOOD, WS7 9HT - £250,000

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 WEDGEWOOD CLOSE is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2018, which was around 32% below the average May 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

4 WEDGEWOOD CLOSE Sold Prices

Land registry data shows two sales for 4 WEDGEWOOD 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 WEDGEWOOD 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
2018 25 MAY	£250,000	£366,129	32% below HPI
2017 24 NOV	£175,000	£362,921	52% below HPI

4 WEDGEWOOD 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 WEDGEWOOD CLOSE sales from November 2017 and May 2018 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 November 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2018 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 WEDGEWOOD CLOSE?

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

4 WEDGEWOOD CLOSE: Plot and Title Map

4 WEDGEWOOD CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 4 WEDGEWOOD 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 WEDGEWOOD 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 WEDGEWOOD CLOSE?

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