49A, SPINNEY LANE, BURNTWOOD, WS7 2HA - £220,000

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

49A SPINNEY LANE is a small detached house of 87m², built sometime between 2007 and 2011. It was last sold for £220,000 in December 2018, which was around 43% below the average December 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

49A SPINNEY LANE Sold Prices

Land registry data shows two sales for 49A SPINNEY 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. Both of the two 49A 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
2018 14 DEC	£220,000	£382,668	43% below HPI
2010 21 DEC	£172,000	£291,154	41% below HPI

49A 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 two 49A SPINNEY LANE sales from December 2010 and December 2018 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 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 49A SPINNEY LANE?

49A SPINNEY LANE is 87m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 49A SPINNEY LANE lies on this distribution: 27% of detached houses are smaller than 49A SPINNEY LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

49A SPINNEY LANE: Plot and Title Map

49A SPINNEY LANE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 49A 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 49A 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 49A SPINNEY LANE?

49A SPINNEY LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 49A on SPINNEY LANE.