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
63 OAKLEY ROAD is a very small detached house of 79m². It was last sold for £280,000 in September 2022, which was around 40% below the average September 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 63 OAKLEY ROAD since 1st 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 63 OAKLEY 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 |
---|---|---|---|
2022 23 SEP | £280,000 | £465,340 | 40% below HPI |
2017 21 DEC | £215,990 | £360,734 | 40% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 63 OAKLEY ROAD sales from December 2017 and September 2022 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 December 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2022 sale, which was also at 40% below the HPI.
63 OAKLEY ROAD is 79m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 63 OAKLEY ROAD lies on this distribution: 17% of detached houses are smaller than 63 OAKLEY ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Burntwood.
63 OAKLEY ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 63 OAKLEY 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 63 OAKLEY 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.
63 OAKLEY ROAD is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 63 on OAKLEY ROAD.