8, PRINCESS CLOSE, BURNTWOOD, WS7 1BP - £195,000

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.

8 PRINCESS CLOSE is a large extended detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £340,175. It was last sold for £195,000 in November 2011, which was around 33% below the average November 2011 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

8 PRINCESS CLOSE Sold Prices

Land registry data shows four sales for 8 PRINCESS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 8 PRINCESS 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
2011 16 NOV	£195,000	£291,863	33% below HPI
2006 20 OCT	£223,000	£289,185	23% below HPI
2004 10 SEP	£197,000	£264,976	26% below HPI
2002 30 APR	£130,000	£166,316	22% below HPI

8 PRINCESS 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 four 8 PRINCESS CLOSE sales between April 2002 and November 2011 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 October 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2011 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 PRINCESS CLOSE be worth now?

8 PRINCESS CLOSE might now be worth an estimated £340,175.

This is based on house price inflation of 74.4%, between November 2011 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 74.4% inflationary increase is applied to the most recent sale price for 8 PRINCESS CLOSE of £195,000 on 16th November 2011. For the value to have increased from £195,000 to £340,175 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 PRINCESS CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2011 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PRINCESS CLOSE has not materially changed since November 2011.

How Large is 8 PRINCESS CLOSE?

8 PRINCESS CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 8 PRINCESS CLOSE lies on this distribution: 70% of detached houses houses are smaller than 8 PRINCESS CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

8 PRINCESS CLOSE: Plot and Title Map

8 PRINCESS CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 8 PRINCESS 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 8 PRINCESS 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 8 PRINCESS CLOSE?

8 PRINCESS CLOSE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 8 on PRINCESS CLOSE.