51, WATER STREET, BURNTWOOD, WS7 1AW - £245,000

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

51 WATER STREET is a very large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £245,000 in May 2015, which was around 24% below the average May 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

51 WATER STREET Sold Prices

Land registry data shows two sales for 51 WATER STREET 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 51 WATER STREET 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
2015 8 MAY	£245,000	£321,561	24% below HPI
2002 23 JUL	£135,000	£179,380	25% below HPI

51 WATER STREET 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 51 WATER STREET sales from July 2002 and May 2015 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 July 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2015 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 51 WATER STREET?

51 WATER STREET is 140m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 51 WATER STREET lies on this distribution: 83% of detached houses are smaller than 51 WATER STREET, and 16% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

51 WATER STREET: Plot and Title Map

51 WATER STREET sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 51 WATER STREET, 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 51 WATER STREET). 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 51 WATER STREET?

51 WATER STREET is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 51 on WATER STREET.