6, OAK VALE, HIGH STREET, CHASETOWN, BURNTWOOD, WS7 3XG - £261,000

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

6 OAK VALE is a midsized detached house of 114m², built sometime from 2007 onwards. It was last sold for £261,000 in May 2016, which was around 22% below the average May 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

6 OAK VALE Sold Prices

Land registry data shows two sales for 6 OAK VALE 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 6 OAK 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
2016 27 MAY	£261,000	£333,399	22% below HPI
2012 30 OCT	£222,000	£281,522	21% below HPI

6 OAK 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 two 6 OAK VALE sales from October 2012 and May 2016 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 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 6 OAK VALE?

6 OAK VALE is 114m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 6 OAK VALE lies on this distribution: 58% of detached houses are smaller than 6 OAK VALE, and 40% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

6 OAK VALE: Plot and Title Map

6 OAK VALE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 6 OAK 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 6 OAK 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 6 OAK VALE?

6 OAK VALE is located on HIGH STREET in CHASETOWN, in the WS7 postcode district. The below map shows the position of 6 OAK VALE on HIGH STREET.