5, OAKLEY ROAD, BURNTWOOD, WS7 3RT - £265,000

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

5 OAKLEY ROAD is a small detached house of 88m². It was last sold for £265,000 in June 2021, which was around 36% below the average June 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

5 OAKLEY ROAD Sold Prices

Land registry data shows two sales for 5 OAKLEY 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 5 OAKLEY 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
2021 24 JUN	£265,000	£412,784	36% below HPI
2018 31 OCT	£254,995	£382,190	33% below HPI

5 OAKLEY 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 5 OAKLEY ROAD sales from October 2018 and June 2021 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 October 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 5 OAKLEY ROAD?

5 OAKLEY ROAD is 88m² according to the EPC inspection conducted in August 2018. 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 5 OAKLEY ROAD lies on this distribution: 28% of detached houses are smaller than 5 OAKLEY ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

5 OAKLEY ROAD: Plot and Title Map

5 OAKLEY ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 5 OAKLEY 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 5 OAKLEY 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 5 OAKLEY ROAD?

5 OAKLEY ROAD is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 5 on OAKLEY ROAD.