1, FREER DRIVE, BURNTWOOD, WS7 9QJ - £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 FREER DRIVE is a large extended detached house of 119m², built sometime between 2003 and 2006. It was last sold for £320,000 in July 2019, which was around 12% below the average July 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

1 FREER DRIVE Sold Prices

Land registry data shows five sales for 1 FREER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the five 1 FREER 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
2019 26 JUL	£320,000	£363,053	12% below HPI
2007 22 JUN	£227,500	£292,626	22% below HPI
2004 23 DEC	£185,000	£258,099	28% below HPI
2004 28 OCT	£202,500	£260,263	22% below HPI
2001 16 FEB	£119,950	£145,001	17% below HPI

1 FREER 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 five 1 FREER DRIVE sales between February 2001 and July 2019 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 June 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 FREER DRIVE?

1 FREER DRIVE is 119m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 40% 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 FREER DRIVE lies on this distribution: 65% of detached houses are smaller than 1 FREER DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

1 FREER DRIVE: Plot and Title Map

1 FREER DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 1 FREER 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 FREER 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 FREER DRIVE?

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