1, CHAUCER DRIVE, BURNTWOOD, WS7 2HT - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CHAUCER DRIVE is a midsized extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £320,000 in November 2021, which was around 26% below the average November 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

1 CHAUCER DRIVE Sold Prices

Land registry data shows two sales for 1 CHAUCER DRIVE 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 1 CHAUCER DRIVE 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
2021 5 NOV	£320,000	£431,446	26% below HPI
2017 7 SEP	£242,500	£361,566	33% below HPI

1 CHAUCER DRIVE 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 1 CHAUCER DRIVE sales from September 2017 and November 2021 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 September 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 CHAUCER DRIVE?

1 CHAUCER DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 1 CHAUCER DRIVE lies on this distribution: 46% of detached houses are smaller than 1 CHAUCER DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

1 CHAUCER DRIVE: Plot and Title Map

1 CHAUCER DRIVE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 1 CHAUCER DRIVE, 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 1 CHAUCER DRIVE). 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 1 CHAUCER DRIVE?

1 CHAUCER DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 1 on CHAUCER DRIVE.