56, THORPE STREET, BURNTWOOD, WS7 1NJ - £317,500

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

56 THORPE STREET is a midsized extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £317,500 in May 2023, which was around 30% below the average May 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

56 THORPE STREET Sold Prices

Land registry data shows two sales for 56 THORPE 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 56 THORPE 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
2023 25 MAY	£317,500	£453,297	30% below HPI
2020 6 JUL	£230,000	£382,693	40% below HPI

56 THORPE 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 56 THORPE STREET sales from July 2020 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 July 2020 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 56 THORPE STREET?

56 THORPE STREET is 107m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 56 THORPE STREET lies on this distribution: 49% of detached houses are smaller than 56 THORPE STREET, and 50% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

56 THORPE STREET: Plot and Title Map

56 THORPE STREET sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 56 THORPE 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 56 THORPE 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 56 THORPE STREET?

56 THORPE STREET is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 56 on THORPE STREET.