11, LANCE DRIVE, BURNTWOOD, WS7 1FA - £131,865

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.

11 LANCE DRIVE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £214,326. It was last sold for £131,865 in August 2014, which was around 58% below the average August 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

11 LANCE DRIVE Sold Prices

Land registry data shows three sales for 11 LANCE 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 11 LANCE 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
2014 1 AUG	£131,865	£313,257	58% below HPI
2004 22 APR	£116,500	£238,282	51% below HPI
1995 11 DEC	£48,000	£97,398	51% below HPI

11 LANCE 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 11 LANCE DRIVE sales between December 1995 and August 2014 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 April 2004 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the August 2014 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 11 LANCE DRIVE be worth now?

11 LANCE DRIVE might now be worth an estimated £214,326.

This is based on house price inflation of 62.5%, between August 2014 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 62.5% inflationary increase is applied to the most recent sale price for 11 LANCE DRIVE of £131,865 on 1st August 2014. For the value to have increased from £131,865 to £214,326 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 11 LANCE DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2014 sale price of £131,865 represented a fair market value for the property.
• The size, condition, and specification of 11 LANCE DRIVE has not materially changed since August 2014.

How Large is 11 LANCE DRIVE?

11 LANCE DRIVE is 64m² according to the EPC inspection conducted in October 2008. 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 11 LANCE DRIVE lies on this distribution: 6% of detached houses houses are smaller than 11 LANCE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

11 LANCE DRIVE: Plot and Title Map

11 LANCE DRIVE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 11 LANCE 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 11 LANCE 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 11 LANCE DRIVE?

11 LANCE DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 11 on LANCE DRIVE.