70, HOLLY GROVE LANE, BURNTWOOD, WS7 1QA - £200,000

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

70 HOLLY GROVE LANE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £200,000 in November 2023, which was around 57% below the average November 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was B.

70 HOLLY GROVE LANE Sold Prices

Land registry data shows two sales for 70 HOLLY GROVE LANE 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 70 HOLLY GROVE LANE 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
2023 30 NOV	£200,000	£460,661	57% below HPI
2010 19 MAR	£155,000	£285,447	46% below HPI

70 HOLLY GROVE LANE 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 70 HOLLY GROVE LANE sales from March 2010 and November 2023 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 March 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2023 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 70 HOLLY GROVE LANE?

70 HOLLY GROVE LANE is 72m² according to the EPC inspection conducted in April 2023. 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 70 HOLLY GROVE LANE lies on this distribution: 11% of detached houses are smaller than 70 HOLLY GROVE LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

70 HOLLY GROVE LANE: Plot and Title Map

70 HOLLY GROVE LANE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 70 HOLLY GROVE LANE, 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 70 HOLLY GROVE LANE). 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 70 HOLLY GROVE LANE?

70 HOLLY GROVE LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 70 on HOLLY GROVE LANE.