73, SPINNEY LANE, BURNTWOOD, WS7 2HB - £287,750

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.

73 SPINNEY LANE is a very large extended detached house of 147m², built sometime between 1983 and 1990, which could now be worth an estimated £420,515. It was last sold for £287,750 in March 2017, which was around 17% below the average March 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

73 SPINNEY LANE Sold Prices

Land registry data shows two sales for 73 SPINNEY 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 73 SPINNEY 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
2017 16 MAR	£287,750	£348,402	17% below HPI
1995 28 JUN	£94,950	£95,659	1% below HPI

73 SPINNEY 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 73 SPINNEY LANE sales from June 1995 and March 2017 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 June 1995 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 73 SPINNEY LANE be worth now?

73 SPINNEY LANE might now be worth an estimated £420,515.

This is based on house price inflation of 46.1%, between March 2017 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 46.1% inflationary increase is applied to the most recent sale price for 73 SPINNEY LANE of £287,750 on 16th March 2017. For the value to have increased from £287,750 to £420,515 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 73 SPINNEY LANE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The March 2017 sale price of £287,750 represented a fair market value for the property.
• The size, condition, and specification of 73 SPINNEY LANE has not materially changed since March 2017.

How Large is 73 SPINNEY LANE?

73 SPINNEY LANE is 147m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% 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 73 SPINNEY LANE lies on this distribution: 87% of detached houses houses are smaller than 73 SPINNEY LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

73 SPINNEY LANE: Plot and Title Map

73 SPINNEY LANE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 73 SPINNEY 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 73 SPINNEY 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 73 SPINNEY LANE?

73 SPINNEY LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 73 on SPINNEY LANE.