62, CHASE ROAD, BURNTWOOD, WS7 0DP - £147,000

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

62 CHASE ROAD is a midsized detached house of 110m², built sometime between 1950 and 1966. It was last sold for £147,000 in May 2019, which was around 60% below the average May 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

62 CHASE ROAD Sold Prices

Land registry data shows two sales for 62 CHASE 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 62 CHASE 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
2019 31 MAY	£147,000	£364,515	60% below HPI
2016 11 OCT	£141,000	£348,121	59% below HPI

62 CHASE 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 62 CHASE ROAD sales from October 2016 and May 2019 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 2016 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the May 2019 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 62 CHASE ROAD?

62 CHASE ROAD is 110m² according to the EPC inspection conducted in January 2016. This puts it in the largest 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 62 CHASE ROAD lies on this distribution: 52% of detached houses are smaller than 62 CHASE ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

62 CHASE ROAD: Plot and Title Map

62 CHASE ROAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 62 CHASE 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 62 CHASE 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 62 CHASE ROAD?

62 CHASE ROAD is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 62 on CHASE ROAD.