3, CHAPEL DRIVE, MILE OAK, TAMWORTH, B78 3PX - £547,000

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

3 CHAPEL DRIVE is a very large detached house of 240m², built sometime between 1991 and 1995. It was last sold for £547,000 in December 2006, which was around 94% above the average December 2006 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

3 CHAPEL DRIVE Sold Prices

Land registry data shows three sales for 3 CHAPEL DRIVE 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 3 CHAPEL DRIVE 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
2006 6 DEC	£547,000	£282,681	94% above HPI
2003 3 OCT	£435,000	£224,085	94% above HPI
2002 26 FEB	£120,000	£166,596	28% below HPI

3 CHAPEL 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 three 3 CHAPEL DRIVE sales between February 2002 and December 2006 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 2003 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the December 2006 sale, which was also at 94% above the HPI.

How Large is 3 CHAPEL DRIVE?

3 CHAPEL DRIVE is 240m² according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 3 CHAPEL DRIVE lies on this distribution: 97% of detached houses are smaller than 3 CHAPEL DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

3 CHAPEL DRIVE: Plot and Title Map

3 CHAPEL DRIVE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 3 CHAPEL 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 3 CHAPEL 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 3 CHAPEL DRIVE?

3 CHAPEL DRIVE is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 3 on CHAPEL DRIVE.