14, COPPICE CLOSE, CHASE TERRACE, BURNTWOOD, WS7 2BJ - £178,500

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.

14 COPPICE CLOSE is a small extended terraced house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £276,209. It was last sold for £178,500 in May 2017, which was around 10% above the average May 2017 terraced price in the Lichfield local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

14 COPPICE CLOSE Sold Prices

Land registry data shows two sales for 14 COPPICE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. One of the two 14 COPPICE CLOSE sales was for above the average price, whilst the other was 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 12 MAY	£178,500	£161,888	10% above HPI
2004 5 MAR	£100,000	£107,599	7% below HPI

14 COPPICE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lichfield local authority area over time, sourced from the HPI. The two 14 COPPICE CLOSE sales from March 2004 and May 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 March 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 14 COPPICE CLOSE be worth now?

14 COPPICE CLOSE might now be worth an estimated £276,209.

This is based on house price inflation of 54.7%, between May 2017 and May 2026, for terraced 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 54.7% inflationary increase is applied to the most recent sale price for 14 COPPICE CLOSE of £178,500 on 12th May 2017. For the value to have increased from £178,500 to £276,209 over the nine years to May 2026, the following assumptions must hold true:

• The value of 14 COPPICE CLOSE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The May 2017 sale price of £178,500 represented a fair market value for the property.
• The size, condition, and specification of 14 COPPICE CLOSE has not materially changed since May 2017.

How Large is 14 COPPICE CLOSE?

14 COPPICE CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of terraced houses houses in Burntwood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Burntwood, and where 14 COPPICE CLOSE lies on this distribution: 30% of terraced houses houses are smaller than 14 COPPICE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

14 COPPICE CLOSE: Plot and Title Map

14 COPPICE CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 14 COPPICE 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 14 COPPICE 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 14 COPPICE CLOSE?

14 COPPICE CLOSE is located in CHASE TERRACE, in the WS7 postcode district. The below map shows the position of No. 14 on COPPICE CLOSE.