17, SPENCER DRIVE, BURNTWOOD, WS7 1AF - £235,000

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

17 SPENCER DRIVE is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £235,000 in July 2017, which was around 33% below the average July 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2012, where the current energy rating was F, and the potential energy rating was D.

17 SPENCER DRIVE Sold Prices

Land registry data shows three sales for 17 SPENCER 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 17 SPENCER 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
2017 21 JUL	£235,000	£349,461	33% below HPI
2016 26 AUG	£225,000	£349,658	36% below HPI
2012 23 NOV	£140,000	£279,127	50% below HPI

17 SPENCER 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 17 SPENCER DRIVE sales between November 2012 and July 2017 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 August 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2017 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 17 SPENCER DRIVE?

17 SPENCER DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 30% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 17 SPENCER DRIVE lies on this distribution: 75% of detached houses are smaller than 17 SPENCER DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

17 SPENCER DRIVE: Plot and Title Map

17 SPENCER DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 17 SPENCER 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 17 SPENCER 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 17 SPENCER DRIVE?

17 SPENCER DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 17 on SPENCER DRIVE.