2, CRANE DRIVE, BURNTWOOD, WS7 4SW - £163,000

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.

2 CRANE DRIVE is a very small extended detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £251,865. It was last sold for £163,000 in May 2015, which was around 51% below the average May 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

2 CRANE DRIVE Sold Prices

Land registry data shows two sales for 2 CRANE 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 CRANE 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
2015 22 MAY	£163,000	£329,508	51% below HPI
2003 12 DEC	£153,000	£234,771	35% below HPI

2 CRANE 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 CRANE DRIVE sales from December 2003 and May 2015 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 December 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2015 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 2 CRANE DRIVE be worth now?

2 CRANE DRIVE might now be worth an estimated £251,865.

This is based on house price inflation of 54.5%, between May 2015 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 54.5% inflationary increase is applied to the most recent sale price for 2 CRANE DRIVE of £163,000 on 22nd May 2015. For the value to have increased from £163,000 to £251,865 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 2 CRANE DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The May 2015 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CRANE DRIVE has not materially changed since May 2015.

How Large is 2 CRANE DRIVE?

2 CRANE DRIVE is 78m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% 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 2 CRANE DRIVE lies on this distribution: 16% of detached houses houses are smaller than 2 CRANE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

2 CRANE DRIVE: Plot and Title Map

2 CRANE DRIVE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 2 CRANE 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 CRANE 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 CRANE DRIVE?

2 CRANE DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 2 on CRANE DRIVE.