7, COLLIS CLOSE, BURNTWOOD, WS7 3RQ - £240,000

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

7 COLLIS CLOSE is a small detached house of 88m². It was last sold for £240,000 in September 2020, which was around 39% below the average September 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

7 COLLIS CLOSE Sold Prices

Land registry data shows two sales for 7 COLLIS CLOSE 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 7 COLLIS CLOSE 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
2020 30 SEP	£240,000	£390,802	39% below HPI
2016 29 JUL	£225,995	£346,649	35% below HPI

7 COLLIS CLOSE 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 7 COLLIS CLOSE sales from July 2016 and September 2020 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 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 COLLIS CLOSE?

7 COLLIS CLOSE is 88m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 7 COLLIS CLOSE lies on this distribution: 28% of detached houses are smaller than 7 COLLIS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

7 COLLIS CLOSE: Plot and Title Map

7 COLLIS CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 7 COLLIS CLOSE, 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 7 COLLIS CLOSE). 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 7 COLLIS CLOSE?

7 COLLIS CLOSE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 7 on COLLIS CLOSE.