2, HEATHCOTE DRIVE, MILE OAK, TAMWORTH, B78 3PY - £510,000

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 HEATHCOTE DRIVE is a very large extended detached house of 168m², built sometime between 2003 and 2006, which could now be worth an estimated £574,652. It was last sold for £510,000 in January 2022, which was around 13% above the average January 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

2 HEATHCOTE DRIVE Sold Prices

Land registry data shows two sales for 2 HEATHCOTE 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 HEATHCOTE 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
2022 24 JAN	£510,000	£451,868	13% above HPI
2011 25 NOV	£310,000	£291,863	6% above HPI

2 HEATHCOTE 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 HEATHCOTE DRIVE sales from November 2011 and January 2022 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 November 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 HEATHCOTE DRIVE be worth now?

2 HEATHCOTE DRIVE might now be worth an estimated £574,652.

This is based on house price inflation of 12.7%, between January 2022 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 12.7% inflationary increase is applied to the most recent sale price for 2 HEATHCOTE DRIVE of £510,000 on 24th January 2022. For the value to have increased from £510,000 to £574,652 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 HEATHCOTE DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The January 2022 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEATHCOTE DRIVE has not materially changed since January 2022.

How Large is 2 HEATHCOTE DRIVE?

2 HEATHCOTE DRIVE is 168m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fazeley, and where 2 HEATHCOTE DRIVE lies on this distribution: 87% of detached houses houses are smaller than 2 HEATHCOTE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

2 HEATHCOTE DRIVE: Plot and Title Map

2 HEATHCOTE DRIVE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 2 HEATHCOTE 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 HEATHCOTE 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 HEATHCOTE DRIVE?

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