1, RYECROFT DRIVE, BURNTWOOD, WS7 2JA - £255,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 RYECROFT DRIVE is a very small extended detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £314,467. It was last sold for £255,000 in November 2020, which was around 38% below the average November 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

1 RYECROFT DRIVE Sold Prices

Land registry data shows three sales for 1 RYECROFT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 1 RYECROFT 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
2020 6 NOV	£255,000	£412,868	38% below HPI
2003 9 OCT	£135,000	£229,623	41% below HPI
2000 4 JUL	£75,200	£145,039	48% below HPI

1 RYECROFT 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 three 1 RYECROFT DRIVE sales between July 2000 and November 2020 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 October 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 1 RYECROFT DRIVE be worth now?

1 RYECROFT DRIVE might now be worth an estimated £314,467.

This is based on house price inflation of 23.3%, between November 2020 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for 1 RYECROFT DRIVE of £255,000 on 6th November 2020. For the value to have increased from £255,000 to £314,467 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 RYECROFT DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RYECROFT DRIVE has not materially changed since November 2020.

How Large is 1 RYECROFT DRIVE?

1 RYECROFT DRIVE is 61m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burntwood, and where 1 RYECROFT DRIVE lies on this distribution: 4% of detached houses houses are smaller than 1 RYECROFT DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

1 RYECROFT DRIVE: Plot and Title Map

1 RYECROFT DRIVE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 1 RYECROFT 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 RYECROFT 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 RYECROFT DRIVE?

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