40, NORTON LANE, BURNTWOOD, WS7 0HN - £294,000

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

40 NORTON LANE is a midsized extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £294,000 in October 2013, which was about the average October 2013 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

40 NORTON LANE Sold Prices

Land registry data shows two sales for 40 NORTON LANE 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. One of the two 40 NORTON LANE sales was roughly equal to the average price, whilst the other was for above 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
2013 11 OCT	£294,000	£292,805	Close to HPI
2001 8 JAN	£192,500	£151,033	27% above HPI

40 NORTON LANE 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 40 NORTON LANE sales from January 2001 and October 2013 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 January 2001 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2013 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 40 NORTON LANE?

40 NORTON LANE is 107m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 40 NORTON LANE lies on this distribution: 49% of detached houses are smaller than 40 NORTON LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

40 NORTON LANE: Plot and Title Map

40 NORTON LANE sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of 40 NORTON LANE, 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 40 NORTON LANE). 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 40 NORTON LANE?

40 NORTON LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 40 on NORTON LANE.