MONTROSE, HOSPITAL ROAD, HAMMERWICH, BURNTWOOD, WS7 0EJ - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MONTROSE is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £425,000 in April 2024, which was around 7% below the average April 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

MONTROSE Sold Prices

Land registry data shows four sales for MONTROSE 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 MONTROSE 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
2024 18 APR	£425,000	£457,149	7% below HPI
2018 30 NOV	£280,000	£385,074	27% below HPI
2016 16 JUN	£250,000	£338,257	26% below HPI
2007 9 NOV	£249,950	£298,254	16% below HPI

MONTROSE 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 MONTROSE sales between November 2007 and April 2024 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 November 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is MONTROSE?

MONTROSE is 89m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where MONTROSE lies on this distribution: 30% of detached houses are smaller than MONTROSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

MONTROSE: Plot and Title Map

MONTROSE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of MONTROSE, 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 MONTROSE). 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 MONTROSE?

MONTROSE is located on HOSPITAL ROAD in HAMMERWICH, in the WS7 postcode district. The below map shows the position of MONTROSE on HOSPITAL ROAD.