28, ROWAN DRIVE, HANDSACRE, RUGELEY, WS15 4TQ - £282,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 ROWAN DRIVE is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £282,000 in October 2021, which was around 33% below the average October 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

28 ROWAN DRIVE Sold Prices

Land registry data shows two sales for 28 ROWAN 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 28 ROWAN 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
2021 28 OCT	£282,000	£421,688	33% below HPI
2018 6 JUL	£220,000	£374,637	41% below HPI

28 ROWAN 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 28 ROWAN DRIVE sales from July 2018 and October 2021 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 July 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 28 ROWAN DRIVE?

28 ROWAN DRIVE is 75m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 28 ROWAN DRIVE lies on this distribution: 13% of detached houses are smaller than 28 ROWAN DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Armitage.

28 ROWAN DRIVE: Plot and Title Map

28 ROWAN DRIVE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 28 ROWAN 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 28 ROWAN 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 28 ROWAN DRIVE?

28 ROWAN DRIVE is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 28 on ROWAN DRIVE.