23, SPRINGHILL ROAD, BURNTWOOD, WS7 4UL - £170,000

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.

23 SPRINGHILL ROAD is a very small terraced house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £205,744. It was last sold for £170,000 in March 2021, which was around 16% below the average March 2021 terraced price in the Lichfield local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

23 SPRINGHILL ROAD Sold Prices

Land registry data shows four sales for 23 SPRINGHILL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. All of the four 23 SPRINGHILL 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
2021 12 MAR	£170,000	£201,240	16% below HPI
2020 27 NOV	£170,000	£193,567	12% below HPI
2007 7 AUG	£112,000	£149,307	25% below HPI
2007 5 MAR	£122,000	£142,233	14% below HPI

23 SPRINGHILL ROAD 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 four 23 SPRINGHILL ROAD sales between March 2007 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 November 2020 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 23 SPRINGHILL ROAD be worth now?

23 SPRINGHILL ROAD might now be worth an estimated £205,744.

This is based on house price inflation of 21%, between March 2021 and July 2025, 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 21% inflationary increase is applied to the most recent sale price for 23 SPRINGHILL ROAD of £170,000 on 12th March 2021. For the value to have increased from £170,000 to £205,744 over the three years and eight months to July 2025, the following assumptions must hold true:

• The value of 23 SPRINGHILL ROAD has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The March 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SPRINGHILL ROAD has not materially changed since March 2021.

How Large is 23 SPRINGHILL ROAD?

23 SPRINGHILL ROAD is 65m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% 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 23 SPRINGHILL ROAD lies on this distribution: 6% of terraced houses houses are smaller than 23 SPRINGHILL ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

23 SPRINGHILL ROAD: Plot and Title Map

23 SPRINGHILL ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 23 SPRINGHILL 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 23 SPRINGHILL 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 23 SPRINGHILL ROAD?

23 SPRINGHILL ROAD is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 23 on SPRINGHILL ROAD.