58, Spinney Lane
58, Spinney Lane
Description & Estimates
The public record describes 58, Spinney Lane, Burntwood as a mid-century house with 527 ft2 of internal area, sitting on a 287 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
58, Spinney Lane, Burntwood has an estimated sale value of £218,203 and an estimated rental value of £909 per month, assuming reasonable condition and based on the information available.
Spinney Lane, Burntwood, WS7 lies in the borough of Lichfield, within the WS7 postal district.
Our Data Sources
58, Spinney Lane, Burntwood has no records in the the Land Registry and a single entry in the EPC database dated November 2014.
We combine this information with public data 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
In very good condition, we estimate 58, Spinney Lane, Burntwood would be worth £229,113, with a potential rental value of £955 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £202,929, with a rental value of £846 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 58, Spinney Lane, Burntwood has increased by £6,068 (2.8%) over the last year. During the same period, its estimated monthly rental value has grown by £50 (5.5%). The property's estimated gross yield is currently 5.0%.
Plot Size
58, Spinney Lane, Burntwood occupies a 287 m2 plot as recorded by HM Land Registry.
All 36 other houses in this postcode have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
58, Spinney Lane, Burntwood has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 58, Spinney Lane, Burntwood across the last 2 years.
Most recently, 30, Slade Avenue, Burntwood, WS7 2EL, a freehold house, sold at £150,000 on the 26th January 2017.
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
Our analysis of the public data ranks 58, Spinney Lane, Burntwood as the 40th largest and the 38th most expensive of the 49 addresses on Spinney Lane, Burntwood, WS7.
Against the WS7 postcode district average, it is £39k less expensive than the typical property.
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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
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Public Transport Nearby
Hednesford station is the nearest stop to 58, Spinney Lane, Burntwood at 5.4 kilometres away.
- 5.4kmHednesford
- 6.2kmCannock
- 7.0kmLandywood
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
