40, SLADE AVENUE, BURNTWOOD, WS7 2EL - £245,000

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 SLADE AVENUE is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £245,000 in May 2022, which was around 45% below the average May 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

40 SLADE AVENUE Sold Prices

Land registry data shows four sales for 40 SLADE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 40 SLADE AVENUE 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 27 MAY	£245,000	£448,607	45% below HPI
2018 23 AUG	£220,000	£378,840	42% below HPI
2014 7 MAR	£148,000	£297,948	50% below HPI
2011 13 APR	£125,000	£271,700	54% below HPI

40 SLADE AVENUE 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 four 40 SLADE AVENUE sales between April 2011 and May 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 August 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 40 SLADE AVENUE?

40 SLADE AVENUE is 74m², which includes one extension, according to the EPC inspection conducted in February 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 40 SLADE AVENUE lies on this distribution: 12% of detached houses are smaller than 40 SLADE AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

40 SLADE AVENUE: Plot and Title Map

40 SLADE AVENUE sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 40 SLADE AVENUE, 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 SLADE AVENUE). 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 SLADE AVENUE?

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