3, COPPICE CLOSE, CHASE TERRACE, BURNTWOOD, WS7 2BJ - £135,000

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.

3 COPPICE CLOSE is a small extended semi-detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £226,954. It was last sold for £135,000 in January 2015, which was around 28% below the average January 2015 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

3 COPPICE CLOSE Sold Prices

Land registry data shows two sales for 3 COPPICE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 3 COPPICE CLOSE 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
2015 23 JAN	£135,000	£188,212	28% below HPI
2004 28 APR	£118,950	£139,523	15% below HPI

3 COPPICE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 3 COPPICE CLOSE sales from April 2004 and January 2015 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 April 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 COPPICE CLOSE be worth now?

3 COPPICE CLOSE might now be worth an estimated £226,954.

This is based on house price inflation of 68.1%, between January 2015 and May 2026, for semi-detached 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 68.1% inflationary increase is applied to the most recent sale price for 3 COPPICE CLOSE of £135,000 on 23rd January 2015. For the value to have increased from £135,000 to £226,954 over the ten years and eight months to May 2026, the following assumptions must hold true:

• The value of 3 COPPICE CLOSE has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The January 2015 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COPPICE CLOSE has not materially changed since January 2015.

How Large is 3 COPPICE CLOSE?

3 COPPICE CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of semi-detached houses houses in Burntwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burntwood, and where 3 COPPICE CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 3 COPPICE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

3 COPPICE CLOSE: Plot and Title Map

3 COPPICE CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 3 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 3 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 3 COPPICE CLOSE?

3 COPPICE CLOSE is located in CHASE TERRACE, in the WS7 postcode district. The below map shows the position of No. 3 on COPPICE CLOSE.