10, PENK DRIVE, BURNTWOOD, WS7 9JT - £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

10 PENK DRIVE is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £320,000 in October 2021, which was around 24% below the average October 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

10 PENK DRIVE Sold Prices

Land registry data shows three sales for 10 PENK 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 10 PENK 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 7 OCT	£320,000	£421,688	24% below HPI
2018 30 JUL	£255,000	£374,637	32% below HPI
2001 20 JUL	£100,000	£154,990	35% below HPI

10 PENK 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 10 PENK DRIVE sales between July 2001 and October 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 July 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 10 PENK DRIVE?

10 PENK DRIVE is 98m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 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 10 PENK DRIVE lies on this distribution: 39% of detached houses are smaller than 10 PENK DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

10 PENK DRIVE: Plot and Title Map

10 PENK DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 10 PENK 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 10 PENK 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 10 PENK DRIVE?

10 PENK DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 10 on PENK DRIVE.