2, LEAM DRIVE, BURNTWOOD, WS7 9JG - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 LEAM DRIVE is a large extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £295,000 in August 2017, which was around 18% below the average August 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

2 LEAM DRIVE Sold Prices

Land registry data shows five sales for 2 LEAM DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the five 2 LEAM 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
2017 31 AUG	£295,000	£359,992	18% below HPI
2012 3 APR	£179,950	£272,463	34% below HPI
2007 22 JAN	£184,950	£278,924	34% below HPI
2003 25 JUL	£143,500	£214,934	33% below HPI
2001 18 MAY	£94,500	£155,937	39% below HPI

2 LEAM 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 five 2 LEAM DRIVE sales between May 2001 and August 2017 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 LEAM DRIVE?

2 LEAM DRIVE is 131m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 2 LEAM DRIVE lies on this distribution: 76% of detached houses are smaller than 2 LEAM DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

2 LEAM DRIVE: Plot and Title Map

2 LEAM DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 LEAM 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 LEAM 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 LEAM DRIVE?

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