PRINCESS COTTAGE, PRINCESS CLOSE, BURNTWOOD, WS7 1BP - £270,000

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

PRINCESS COTTAGE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £270,000 in March 2021, which was around 34% below the average March 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

PRINCESS COTTAGE Sold Prices

Land registry data shows two sales for PRINCESS COTTAGE 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 PRINCESS COTTAGE 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 5 MAR	£270,000	£407,885	34% below HPI
2004 25 OCT	£182,500	£260,263	30% below HPI

PRINCESS COTTAGE 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 PRINCESS COTTAGE sales from October 2004 and March 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 October 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is PRINCESS COTTAGE?

PRINCESS COTTAGE is 77m² according to the EPC inspection conducted in September 2020. 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 PRINCESS COTTAGE lies on this distribution: 15% of detached houses are smaller than PRINCESS COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

PRINCESS COTTAGE: Plot and Title Map

PRINCESS COTTAGE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of PRINCESS COTTAGE, 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 PRINCESS COTTAGE). 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 PRINCESS COTTAGE?

PRINCESS COTTAGE is located on PRINCESS CLOSE in BURNTWOOD, in the WS7 postcode district. The below map shows the position of PRINCESS COTTAGE on PRINCESS CLOSE.