2, LAKELAND DRIVE, WILNECOTE, TAMWORTH, B77 5TH - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LAKELAND DRIVE is a very large extended detached house of 152m², built sometime between 1991 and 1995. It was last sold for £250,000 in July 2009, which was around 25% above the average July 2009 detached price in the Tamworth local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

2 LAKELAND DRIVE Sold Prices

Land registry data shows three sales for 2 LAKELAND 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 Tamworth local authority area for the corresponding sale date. All of the three 2 LAKELAND 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
2009 3 JUL	£250,000	£199,704	25% above HPI
1997 23 MAY	£95,000	£81,005	17% above HPI
1995 30 JUN	£78,000	£74,460	5% above HPI

2 LAKELAND DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The three 2 LAKELAND DRIVE sales between June 1995 and July 2009 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 May 1997 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2009 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 LAKELAND DRIVE be worth now?

2 LAKELAND DRIVE might now be worth an estimated £456,876.

This is based on house price inflation of 82.8%, between July 2009 and December 2024, for detached houses, in the Tamworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.8% inflationary increase is applied to the most recent sale price for 2 LAKELAND DRIVE of £250,000 on 3rd July 2009. For the value to have increased from £250,000 to £456,876 over the fourteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 LAKELAND DRIVE has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The July 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAKELAND DRIVE has not materially changed since July 2009.

How Large is 2 LAKELAND DRIVE?

2 LAKELAND DRIVE is 152m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 20% of detached houses houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tamworth, and where 2 LAKELAND DRIVE lies on this distribution: 89% of detached houses houses are smaller than 2 LAKELAND DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

2 LAKELAND DRIVE: Plot and Title Map

2 LAKELAND DRIVE sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of 2 LAKELAND 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 LAKELAND 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 LAKELAND DRIVE?

2 LAKELAND DRIVE is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 2 on LAKELAND DRIVE.