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 STATION DRIVE is a midsized extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £249,995 in March 2021, which was around 39% below the average March 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 1 STATION DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 1 STATION 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 10 MAR | £249,995 | £407,885 | 39% below HPI |
2016 17 JUN | £215,000 | £338,257 | 36% below HPI |
2005 22 JUL | £194,000 | £269,456 | 28% below HPI |
2002 25 FEB | £83,000 | £166,596 | 50% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 1 STATION DRIVE sales between February 2002 and March 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 June 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
1 STATION DRIVE is 103m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 1 STATION DRIVE lies on this distribution: 51% of detached houses are smaller than 1 STATION DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Armitage.
1 STATION DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 STATION 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 STATION 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.
1 STATION DRIVE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 1 on STATION DRIVE.