55, CHASE VALE, BURNTWOOD, WS7 3GD - £295,000

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

55 CHASE VALE is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £295,000 in May 2023, which was around 35% below the average May 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

55 CHASE VALE Sold Prices

Land registry data shows four sales for 55 CHASE VALE 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 55 CHASE VALE 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 23 MAY	£295,000	£453,297	35% below HPI
2017 13 APR	£180,000	£337,683	47% below HPI
2000 2 JUN	£78,950	£134,529	41% below HPI
1996 23 FEB	£66,000	£91,608	28% below HPI

55 CHASE VALE 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 55 CHASE VALE sales between February 1996 and May 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 April 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 55 CHASE VALE?

55 CHASE VALE is 59m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 55 CHASE VALE lies on this distribution: 2% of detached houses are smaller than 55 CHASE VALE, and 98% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

55 CHASE VALE: Plot and Title Map

55 CHASE VALE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 55 CHASE VALE, 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 55 CHASE VALE). 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 55 CHASE VALE?

55 CHASE VALE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 55 on CHASE VALE.