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

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

11 LANCE DRIVE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £131,865 in August 2014, which was around 57% 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	£305,703	57% below HPI
2004 22 APR	£116,500	£232,535	50% below HPI
1995 11 DEC	£48,000	£95,049	49% 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 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2014 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

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 in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 11 LANCE DRIVE lies on this distribution: 6% of detached 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.