44, COTTAGE LANE, BURNTWOOD, WS7 4XZ - £395,000

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

44 COTTAGE LANE is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £395,000 in October 2023, which was around 14% below the average October 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

44 COTTAGE LANE Sold Prices

Land registry data shows four sales for 44 COTTAGE LANE 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 44 COTTAGE LANE 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 17 OCT	£395,000	£460,570	14% below HPI
2014 23 MAY	£235,000	£303,862	23% below HPI
2005 30 SEP	£222,500	£271,307	18% below HPI
1997 24 OCT	£45,000	£107,776	58% below HPI

44 COTTAGE 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 four 44 COTTAGE LANE sales between October 1997 and October 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 May 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 44 COTTAGE LANE?

44 COTTAGE LANE is 119m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 44 COTTAGE LANE lies on this distribution: 65% of detached houses are smaller than 44 COTTAGE LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

44 COTTAGE LANE: Plot and Title Map

44 COTTAGE LANE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 44 COTTAGE 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 44 COTTAGE 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 44 COTTAGE LANE?

44 COTTAGE LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 44 on COTTAGE LANE.