41, NEW ROAD, BURNTWOOD, WS7 0BU - £142,000

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

41 NEW ROAD is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £142,000 in October 2014, which was around 55% below the average October 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

41 NEW ROAD Sold Prices

Land registry data shows two sales for 41 NEW ROAD 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 41 NEW ROAD 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
2014 16 OCT	£142,000	£312,099	55% below HPI
1995 19 DEC	£66,000	£95,049	31% below HPI

41 NEW ROAD 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 41 NEW ROAD sales from December 1995 and October 2014 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 1995 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2014 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 41 NEW ROAD?

41 NEW ROAD is 111m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 41 NEW ROAD lies on this distribution: 53% of detached houses are smaller than 41 NEW ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

41 NEW ROAD: Plot and Title Map

41 NEW ROAD sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 41 NEW ROAD, 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 41 NEW ROAD). 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 41 NEW ROAD?

41 NEW ROAD is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 41 on NEW ROAD.