2, CHAPEL DRIVE, MILE OAK, TAMWORTH, B78 3PX - £750,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CHAPEL DRIVE is a very large extended detached house of 235m², built sometime between 1996 and 2002. It was last sold for £750,000 in February 2024, which was around 62% above the average February 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

2 CHAPEL DRIVE Sold Prices

Land registry data shows two sales for 2 CHAPEL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 2 CHAPEL DRIVE sales were for above 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 28 FEB	£750,000	£463,959	62% above HPI
2000 12 SEP	£250,000	£147,918	69% above HPI

2 CHAPEL 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 two 2 CHAPEL DRIVE sales from September 2000 and February 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 September 2000 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the February 2024 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 2 CHAPEL DRIVE?

2 CHAPEL DRIVE is 235m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 10% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 2 CHAPEL DRIVE lies on this distribution: 96% of detached houses are smaller than 2 CHAPEL DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

2 CHAPEL DRIVE: Plot and Title Map

2 CHAPEL DRIVE sits on a plot of roughly 0.190 of an acre, or 771m². The below map shows the location of 2 CHAPEL 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 2 CHAPEL 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 2 CHAPEL DRIVE?

2 CHAPEL DRIVE is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 2 on CHAPEL DRIVE.