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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CHAPEL DRIVE is a very large detached house of 240m², built sometime between 1991 and 1995, which could now be worth an estimated £972,509. It was last sold for £547,000 in December 2006, which was around 89% 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	£289,666	89% above HPI
2003 3 OCT	£435,000	£229,623	89% above HPI
2002 26 FEB	£120,000	£170,713	30% 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 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the December 2006 sale, which was also at 89% above the HPI.

What might 3 CHAPEL DRIVE be worth now?

3 CHAPEL DRIVE might now be worth an estimated £972,509.

This is based on house price inflation of 77.8%, between December 2006 and December 2024, 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 77.8% inflationary increase is applied to the most recent sale price for 3 CHAPEL DRIVE of £547,000 on 6th December 2006. For the value to have increased from £547,000 to £972,509 over the eighteen years to December 2024, the following assumptions must hold true:

• The value of 3 CHAPEL DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2006 sale price of £547,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPEL DRIVE has not materially changed since December 2006.

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 houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fazeley, and where 3 CHAPEL DRIVE lies on this distribution: 97% of detached houses 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.