2, FREER DRIVE, BURNTWOOD, WS7 9QJ - £315,500

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 FREER DRIVE is a large detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £474,039. It was last sold for £315,500 in November 2015, which was around 7% below the average November 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

2 FREER DRIVE Sold Prices

Land registry data shows three sales for 2 FREER 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. One of the three 2 FREER DRIVE sales was for below the average price, whilst two 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
2015 27 NOV	£315,500	£338,869	7% below HPI
2012 20 APR	£282,000	£279,197	1% above HPI
2003 18 DEC	£250,000	£234,771	6% above HPI

2 FREER 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 2 FREER DRIVE sales between December 2003 and November 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 April 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2015 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 FREER DRIVE be worth now?

2 FREER DRIVE might now be worth an estimated £474,039.

This is based on house price inflation of 50.3%, between November 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 50.3% inflationary increase is applied to the most recent sale price for 2 FREER DRIVE of £315,500 on 27th November 2015. For the value to have increased from £315,500 to £474,039 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 FREER DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2015 sale price of £315,500 represented a fair market value for the property.
• The size, condition, and specification of 2 FREER DRIVE has not materially changed since November 2015.

How Large is 2 FREER DRIVE?

2 FREER DRIVE is 116m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% 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 FREER DRIVE lies on this distribution: 62% of detached houses houses are smaller than 2 FREER DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

2 FREER DRIVE: Plot and Title Map

2 FREER DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 FREER 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 FREER 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 FREER DRIVE?

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