16, Oak Lane
16, Oak Lane
Description & Estimates
According to the public record, 16, Oak Lane, Burntwood is a mid-century freehold house with 796 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Oak Lane, Burntwood is £209,430 and the estimated rental value is £1,112 per month.
Oak Lane, Burntwood, WS7 is located in the borough of Lichfield within the WS7 postal district.
Our Data Sources
16, Oak Lane, Burntwood has 51 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Oak Lane, Burntwood is in very good condition we estimate a sale value of £219,902 and a rental value of £1,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,770 and a rental value of £1,034 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Oak Lane, Burntwood has risen by £3,815 (1.8%), while its estimated rental value has moved up by £52 per month (4.7%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Plot Size
According to data from HM Land Registry, 16, Oak Lane, Burntwood sits on a plot of 230 m2.
We have plot size data on 22 out of 23 other houses in the postcode and 16, Oak Lane, Burntwood sits on the 17th largest plot.
Energy Efficiency
16, Oak Lane, Burntwood has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 16, Oak Lane, Burntwood was last sold on 29th July 2016 for £143,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since July 2016, the market for similar properties has risen by 62.8%.
- Sold Jul 2016£143,000
- Sold Mar 2010£75,250
- Sold Sep 2000£63,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Oak Lane, Burntwood within a radius of 720 metres over the last 2 years.
The most recent example is 13, Acorn Close, Burntwood, WS7 2HQ, a freehold house which sold for £245,000 on the 1st July 2024.
Read more about house prices in WS7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oak Lane, Burntwood, WS7 has a total of 107 addresses. According to our analysis of all the public data, 16, Oak Lane, Burntwood is the 37th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in WS7.
More reading links
Schools Nearby
- 200mBoney Hay Primary Academy
- 900mChase Terrace Primary School
- 900mHolly Grove Primary Academy
- 800mChase Terrace Academy
- 2.5kmErasmus Darwin Academy
- 3.0kmNorton Canes High School
More reading links
Public Transport Nearby
The closest station to 16, Oak Lane, Burntwood is Hednesford station, which is 5.6 kilometres away.
- 5.6kmHednesford
- 6.5kmCannock
- 6.9kmLichfield City
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
