25, BAINS DRIVE, LICHFIELD, WS13 6NW - £305,000

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.

25 BAINS DRIVE is a very small detached house of 29m², built sometime between 2003 and 2006, which could now be worth an estimated £376,128. It was last sold for £305,000 in November 2020, which was around 26% below the average November 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

25 BAINS DRIVE Sold Prices

Land registry data shows four sales for 25 BAINS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 25 BAINS 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 27 NOV	£305,000	£412,868	26% below HPI
2020 30 OCT	£320,000	£407,343	21% below HPI
2017 3 JUL	£298,000	£358,097	17% below HPI
2013 3 JUN	£235,000	£282,040	17% below HPI

25 BAINS 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 four 25 BAINS DRIVE sales between June 2013 and November 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 October 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 25 BAINS DRIVE be worth now?

25 BAINS DRIVE might now be worth an estimated £376,128.

This is based on house price inflation of 23.3%, between November 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 23.3% inflationary increase is applied to the most recent sale price for 25 BAINS DRIVE of £305,000 on 27th November 2020. For the value to have increased from £305,000 to £376,128 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 25 BAINS DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 25 BAINS DRIVE has not materially changed since November 2020.

How Large is 25 BAINS DRIVE?

25 BAINS DRIVE is 29m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lichfield, and where 25 BAINS DRIVE lies on this distribution: Less than 1% of detached houses houses are smaller than 25 BAINS DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

25 BAINS DRIVE: Plot and Title Map

25 BAINS DRIVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 25 BAINS 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 25 BAINS 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 25 BAINS DRIVE?

25 BAINS DRIVE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 25 on BAINS DRIVE.