62, SPRINGHILL ROAD, BURNTWOOD, WS7 4UJ - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

62 SPRINGHILL ROAD is a large extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £290,000 in May 2019, which was around 20% below the average May 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

62 SPRINGHILL ROAD Sold Prices

Land registry data shows two sales for 62 SPRINGHILL 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 SPRINGHILL 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 24 MAY	£290,000	£364,515	20% below HPI
2012 2 MAY	£155,000	£267,836	42% below HPI

62 SPRINGHILL 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 SPRINGHILL ROAD sales from May 2012 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 May 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 62 SPRINGHILL ROAD?

62 SPRINGHILL ROAD is 124m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% 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 SPRINGHILL ROAD lies on this distribution: 70% of detached houses are smaller than 62 SPRINGHILL ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

62 SPRINGHILL ROAD: Plot and Title Map

62 SPRINGHILL ROAD sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 62 SPRINGHILL 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 SPRINGHILL 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 SPRINGHILL ROAD?

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