2, RECTORY CLOSE, DRAYTON BASSETT, TAMWORTH, B78 3UH - £457,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 RECTORY CLOSE is a very large detached house of 356m², built sometime from 2007 onwards. It was last sold for £457,500 in November 2014, which was around 43% above the average November 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

2 RECTORY CLOSE Sold Prices

Land registry data shows three sales for 2 RECTORY CLOSE 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. Two of the three 2 RECTORY CLOSE sales were for above the average price, whilst one was 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
2014 28 NOV	£457,500	£319,844	43% above HPI
2012 4 MAY	£190,000	£267,836	29% below HPI
1996 12 JUN	£110,000	£95,435	15% above HPI

2 RECTORY CLOSE 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 RECTORY CLOSE sales between June 1996 and November 2014 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 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2014 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 2 RECTORY CLOSE?

2 RECTORY CLOSE is 356m² according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses in Drayton Bassett, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton Bassett, and where 2 RECTORY CLOSE lies on this distribution: 98% of detached houses are smaller than 2 RECTORY CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Drayton Bassett.

2 RECTORY CLOSE: Plot and Title Map

2 RECTORY CLOSE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 2 RECTORY CLOSE, 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 RECTORY CLOSE). 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 RECTORY CLOSE?

2 RECTORY CLOSE is located in DRAYTON BASSETT, in the B78 postcode district. The below map shows the position of No. 2 on RECTORY CLOSE.