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
3 LAKELAND DRIVE is a midsized detached house of 107m², built sometime between 1996 and 2002. It was last sold for £305,000 in December 2019, which was around 2% above the average December 2019 detached price in the Tamworth local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 3 LAKELAND DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Most of the six 3 LAKELAND DRIVE sales were for above 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 |
---|---|---|---|
2019 11 DEC | £305,000 | £298,585 | 2% above HPI |
2013 28 JUN | £195,000 | £204,351 | 5% below HPI |
2009 16 JAN | £216,500 | £208,148 | 4% above HPI |
2003 27 JUN | £186,000 | £181,835 | 2% above HPI |
1999 26 MAR | £94,000 | £95,387 | 1% below HPI |
1995 30 JUN | £82,500 | £74,781 | 10% above HPI |
The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The six 3 LAKELAND DRIVE sales between June 1995 and December 2019 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 June 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
3 LAKELAND DRIVE is 107m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 3 LAKELAND DRIVE lies on this distribution: 46% of detached houses are smaller than 3 LAKELAND DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Tamworth.
3 LAKELAND DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 3 LAKELAND 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 LAKELAND 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.
3 LAKELAND DRIVE is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 3 on LAKELAND DRIVE.