43, Spinney Lane
43, Spinney Lane
Description & Estimates
43, Spinney Lane, Burntwood is recorded publicly as a modern freehold house across 893 ft2 of internal area, sitting on a 322 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 43, Spinney Lane, Burntwood is £290,758 and its rental estimate is £1,163 per month, given the available information and assuming reasonable condition.
Spinney Lane, Burntwood, WS7 falls within the WS7 postal district, in the borough of Lichfield.
Our Data Sources
43, Spinney Lane, Burntwood has 31 entries in the Land Registry , most recently in June 2018 and a single entry in the EPC database dated July 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 43, Spinney Lane, Burntwood, we estimate a market value of £305,296 and a rental value of £1,221 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £270,405 and £1,082 per month respectively.
Recent Market Change
Over the last year, 43, Spinney Lane, Burntwood has seen its estimated sale value move up by £5,296 (1.8%) and its estimated rental value increase by £54 per month (4.7%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 43, Spinney Lane, Burntwood as measuring 322 m2.
That makes it the 7th largest plot in the postcode, where all 36 other houses have recorded plot data.
Energy Efficiency
43, Spinney Lane, Burntwood has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jul 2013.
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
The most recent sale of 43, Spinney Lane, Burntwood completed on 5th June 2018 at £210,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 43.1% over the period since June 2018.
- Sold Jun 2018£210,000
- Sold Dec 2014£171,500
- Sold Apr 1996£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 43, Spinney Lane, Burntwood have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th August 2022, was 14, Sandown Close, Burntwood, WS7 2YU, a freehold house which sold for £213,000.
Read more about house prices in WS7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 49 addresses on Spinney Lane, Burntwood, WS7, 43, Spinney Lane, Burntwood comes out as the 20th largest and the 12th most expensive in our analysis of the public data.
It is also £34k more expensive than the average property across the WS7 district.
More reading links
Schools Nearby
- 400mBoney Hay Primary Academy
- 600mChase Terrace Primary School
- 700mHolly Grove Primary Academy
- 500mChase Terrace Academy
- 2.2kmErasmus Darwin Academy
- 2.7kmNorton Canes High School
More reading links
Public Transport Nearby
From 43, Spinney Lane, Burntwood, the nearest station is Hednesford, 5.4 kilometres away.
- 5.4kmHednesford
- 6.2kmCannock
- 7.0kmLandywood
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
