15, SEVERN DRIVE, BURNTWOOD, WS7 9JE - £477,500

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

15 SEVERN DRIVE is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £477,500 in March 2024, which was around 4% above the average March 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

15 SEVERN DRIVE Sold Prices

Land registry data shows three sales for 15 SEVERN 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. Two of the three 15 SEVERN DRIVE sales were for above the average price, whilst one was 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
2024 15 MAR	£477,500	£458,819	4% above HPI
2022 8 FEB	£450,000	£442,543	2% above HPI
2007 6 JUL	£249,950	£296,058	16% below HPI

15 SEVERN 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 15 SEVERN DRIVE sales between July 2007 and March 2024 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 February 2022 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 15 SEVERN DRIVE?

15 SEVERN DRIVE is 112m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 50% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 15 SEVERN DRIVE lies on this distribution: 54% of detached houses are smaller than 15 SEVERN DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

15 SEVERN DRIVE: Plot and Title Map

15 SEVERN DRIVE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 15 SEVERN 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 15 SEVERN 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 15 SEVERN DRIVE?

15 SEVERN DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 15 on SEVERN DRIVE.