43, SPINNEY LANE, BURNTWOOD, WS7 2HA - £210,000

43 SPINNEY LANE is a small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £210,000 in June 2018, which was around 44% below the average June 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

43 SPINNEY LANE Sold Prices

Land registry data shows three sales for 43 SPINNEY LANE 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 43 SPINNEY LANE 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
2018 5 JUN	£210,000	£373,912	44% below HPI
2014 5 DEC	£171,500	£313,840	45% below HPI
1996 19 APR	£65,000	£93,140	30% below HPI

43 SPINNEY LANE 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 43 SPINNEY LANE sales between April 1996 and June 2018 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 December 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2018 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 43 SPINNEY LANE?

43 SPINNEY LANE is 83m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 43 SPINNEY LANE lies on this distribution: 21% of detached houses are smaller than 43 SPINNEY LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

43 SPINNEY LANE: Plot and Title Map

43 SPINNEY LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 43 SPINNEY LANE, 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 43 SPINNEY LANE). 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 43 SPINNEY LANE?

43 SPINNEY LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 43 on SPINNEY LANE.