24, SPENCER DRIVE, BURNTWOOD, WS7 1AF - £410,000

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.

24 SPENCER DRIVE is a very small detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £419,160. It was last sold for £410,000 in November 2024, which was around 18% below the average November 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

24 SPENCER DRIVE Sold Prices

Land registry data shows two sales for 24 SPENCER 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 SPENCER 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
2024 25 NOV	£410,000	£498,025	18% below HPI
2019 19 AUG	£230,000	£378,598	39% below HPI

24 SPENCER 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 SPENCER DRIVE sales from August 2019 and November 2024 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 August 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 24 SPENCER DRIVE be worth now?

24 SPENCER DRIVE might now be worth an estimated £419,160.

This is based on house price inflation of 2.2%, between November 2024 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 2.2% inflationary increase is applied to the most recent sale price for 24 SPENCER DRIVE of £410,000 on 25th November 2024. For the value to have increased from £410,000 to £419,160 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 24 SPENCER DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2024 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPENCER DRIVE has not materially changed since November 2024.

How Large is 24 SPENCER DRIVE?

24 SPENCER DRIVE is 81m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% 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 SPENCER DRIVE lies on this distribution: 19% of detached houses houses are smaller than 24 SPENCER DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

24 SPENCER DRIVE: Plot and Title Map

24 SPENCER DRIVE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 24 SPENCER 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 SPENCER 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 SPENCER DRIVE?

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