47, SPINNEY LANE, BURNTWOOD, WS7 2HA - £150,000

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

47 SPINNEY LANE is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £150,000 in April 2004, which was around 35% below the average April 2004 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

47 SPINNEY LANE Sold Prices

Land registry data shows three sales for 47 SPINNEY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 47 SPINNEY 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
2004 26 APR	£150,000	£232,535	35% below HPI
1999 30 NOV	£80,000	£132,466	40% below HPI
1995 15 MAR	£35,000	£93,652	63% below HPI

47 SPINNEY 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 three 47 SPINNEY LANE sales between March 1995 and April 2004 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 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2004 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 47 SPINNEY LANE?

47 SPINNEY LANE is 93m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 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 47 SPINNEY LANE lies on this distribution: 35% of detached houses are smaller than 47 SPINNEY LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

47 SPINNEY LANE: Plot and Title Map

47 SPINNEY LANE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 47 SPINNEY 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 47 SPINNEY 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 47 SPINNEY LANE?

47 SPINNEY LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 47 on SPINNEY LANE.