9, COTTON CLOSE, ALREWAS, BURTON-ON-TRENT, DE13 7BF - £435,000

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.

9 COTTON CLOSE is a small terraced house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £479,070. It was last sold for £435,000 in August 2022, which was around 91% above the average August 2022 terraced price in the Lichfield local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

9 COTTON CLOSE Sold Prices

Land registry data shows five sales for 9 COTTON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. All of the five 9 COTTON CLOSE sales were for above 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 26 AUG	£435,000	£227,460	91% above HPI
2022 29 JUL	£435,000	£224,041	94% above HPI
2008 31 JAN	£250,000	£152,691	64% above HPI
1999 8 SEP	£160,000	£56,445	183% above HPI
1998 29 MAY	£164,950	£49,903	231% above HPI

9 COTTON CLOSE 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 five 9 COTTON CLOSE sales between May 1998 and August 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 July 2022 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the August 2022 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 9 COTTON CLOSE be worth now?

9 COTTON CLOSE might now be worth an estimated £479,070.

This is based on house price inflation of 10.1%, between August 2022 and May 2026, 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 10.1% inflationary increase is applied to the most recent sale price for 9 COTTON CLOSE of £435,000 on 26th August 2022. For the value to have increased from £435,000 to £479,070 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 9 COTTON CLOSE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The August 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 9 COTTON CLOSE has not materially changed since August 2022.

How Large is 9 COTTON CLOSE?

9 COTTON CLOSE is 106m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of terraced houses houses in Alrewas, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Alrewas, and where 9 COTTON CLOSE lies on this distribution: 32% of terraced houses houses are smaller than 9 COTTON CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Alrewas.

9 COTTON CLOSE: Plot and Title Map

9 COTTON CLOSE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 9 COTTON 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 9 COTTON 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 9 COTTON CLOSE?

9 COTTON CLOSE is located in ALREWAS, in the DE13 postcode district. The below map shows the position of No. 9 on COTTON CLOSE.