24, PAGET DRIVE, BURNTWOOD, WS7 1HP - £227,500

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.

24 PAGET DRIVE is a small extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £292,241. It was last sold for £227,500 in February 2020, which was around 43% below the average February 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

24 PAGET DRIVE Sold Prices

Land registry data shows two sales for 24 PAGET 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 24 PAGET 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
2020 21 FEB	£227,500	£396,357	43% below HPI
2018 29 MAR	£156,000	£373,369	58% below HPI

24 PAGET 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 24 PAGET DRIVE sales from March 2018 and February 2020 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 March 2018 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the February 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 24 PAGET DRIVE be worth now?

24 PAGET DRIVE might now be worth an estimated £292,241.

This is based on house price inflation of 28.5%, between February 2020 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 28.5% inflationary increase is applied to the most recent sale price for 24 PAGET DRIVE of £227,500 on 21st February 2020. For the value to have increased from £227,500 to £292,241 over the five years to February 2025, the following assumptions must hold true:

• The value of 24 PAGET DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The February 2020 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 24 PAGET DRIVE has not materially changed since February 2020.

How Large is 24 PAGET DRIVE?

24 PAGET DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% 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 24 PAGET DRIVE lies on this distribution: 33% of detached houses houses are smaller than 24 PAGET DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

24 PAGET DRIVE: Plot and Title Map

24 PAGET DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 24 PAGET 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 24 PAGET 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 24 PAGET DRIVE?

24 PAGET DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 24 on PAGET DRIVE.