4, BURNS CLOSE, LICHFIELD, WS14 9DW - £285,000

4 BURNS CLOSE is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £285,000 in August 2019, which was around 23% below the average August 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

4 BURNS CLOSE Sold Prices

Land registry data shows four sales for 4 BURNS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 4 BURNS 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
2019 30 AUG	£285,000	£369,468	23% below HPI
2018 26 SEP	£188,000	£375,482	50% below HPI
2001 5 NOV	£116,000	£160,921	28% below HPI
2000 11 OCT	£108,000	£145,169	26% below HPI

4 BURNS CLOSE 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 four 4 BURNS CLOSE sales between October 2000 and August 2019 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 September 2018 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 BURNS CLOSE?

4 BURNS CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 4 BURNS CLOSE lies on this distribution: 9% of detached houses are smaller than 4 BURNS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

4 BURNS CLOSE: Plot and Title Map

4 BURNS CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 4 BURNS 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 4 BURNS 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 4 BURNS CLOSE?

4 BURNS CLOSE is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 4 on BURNS CLOSE.