7, POOLES WAY, BURNTWOOD, WS7 9BB - £205,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 POOLES WAY is a very small extended detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £247,977. It was last sold for £205,000 in September 2021, which was around 51% below the average September 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

7 POOLES WAY Sold Prices

Land registry data shows five sales for 7 POOLES WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the five 7 POOLES WAY 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
2021 8 SEP	£205,000	£420,909	51% below HPI
2005 2 AUG	£163,450	£278,028	41% below HPI
2002 4 OCT	£107,000	£195,566	45% below HPI
2001 2 NOV	£97,000	£164,898	41% below HPI
2000 4 MAY	£71,000	£137,222	48% below HPI

7 POOLES WAY 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 five 7 POOLES WAY sales between May 2000 and September 2021 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 August 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2021 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 7 POOLES WAY be worth now?

7 POOLES WAY might now be worth an estimated £247,977.

This is based on house price inflation of 21%, between September 2021 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for 7 POOLES WAY of £205,000 on 8th September 2021. For the value to have increased from £205,000 to £247,977 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 POOLES WAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 7 POOLES WAY has not materially changed since September 2021.

How Large is 7 POOLES WAY?

7 POOLES WAY is 68m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burntwood, and where 7 POOLES WAY lies on this distribution: 8% of detached houses houses are smaller than 7 POOLES WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

7 POOLES WAY: Plot and Title Map

7 POOLES WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 7 POOLES WAY, 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 POOLES WAY). 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 POOLES WAY?

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