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

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 LEAM DRIVE is a large extended detached house of 131m², built sometime between 1983 and 1990, which could now be worth an estimated £407,168. It was last sold for £295,000 in August 2017, which was around 20% 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	£368,888	20% below HPI
2012 3 APR	£179,950	£279,197	36% below HPI
2007 22 JAN	£184,950	£285,817	35% below HPI
2003 25 JUL	£143,500	£220,246	35% below HPI
2001 18 MAY	£94,500	£159,790	41% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 LEAM DRIVE be worth now?

2 LEAM DRIVE might now be worth an estimated £407,168.

This is based on house price inflation of 38%, between August 2017 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 38% inflationary increase is applied to the most recent sale price for 2 LEAM DRIVE of £295,000 on 31st August 2017. For the value to have increased from £295,000 to £407,168 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 2 LEAM DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEAM DRIVE has not materially changed since August 2017.

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 houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burntwood, and where 2 LEAM DRIVE lies on this distribution: 76% of detached houses 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.