55A, SPINNEY LANE, BURNTWOOD, WS7 2HA - £292,500

55A SPINNEY LANE is a small detached house of 88m², built sometime between 2003 and 2006. It was last sold for £292,500 in September 2022, which was around 40% below the average September 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

55A SPINNEY LANE Sold Prices

Land registry data shows two sales for 55A SPINNEY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 55A 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
2022 7 SEP	£292,500	£484,338	40% below HPI
2006 8 DEC	£155,000	£282,681	45% below HPI

55A 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 two 55A SPINNEY LANE sales from December 2006 and September 2022 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 2006 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 55A SPINNEY LANE?

55A SPINNEY LANE is 88m² according to the EPC inspection conducted in June 2021. 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 55A SPINNEY LANE lies on this distribution: 28% of detached houses are smaller than 55A SPINNEY LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

55A SPINNEY LANE: Plot and Title Map

55A SPINNEY LANE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 55A 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 55A 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 55A SPINNEY LANE?

55A SPINNEY LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 55A on SPINNEY LANE.