11B, PARK ROAD, CHASE TERRACE, BURNTWOOD, WS7 1AE - £235,000

11B PARK ROAD is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £235,000 in December 2022, which was around 52% below the average December 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

11B PARK ROAD Sold Prices

Land registry data shows three sales for 11B PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 11B PARK ROAD 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
2022 6 DEC	£235,000	£486,602	52% below HPI
2016 22 MAR	£167,000	£322,296	48% below HPI
1998 28 MAY	£73,000	£109,757	33% below HPI

11B PARK ROAD 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 three 11B PARK ROAD sales between May 1998 and December 2022 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 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 11B PARK ROAD?

11B PARK ROAD is 67m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 11B PARK ROAD lies on this distribution: 7% of detached houses are smaller than 11B PARK ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

11B PARK ROAD: Plot and Title Map

11B PARK ROAD sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 11B PARK ROAD, 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 11B PARK ROAD). 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 11B PARK ROAD?

11B PARK ROAD is located in CHASE TERRACE, in the WS7 postcode district. The below map shows the position of No. 11B on PARK ROAD.