38, ROWAN DRIVE, HANDSACRE, RUGELEY, WS15 4TQ - £254,000

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

38 ROWAN DRIVE is a very large extended detached house of 153m², built sometime between 1983 and 1990. It was last sold for £254,000 in October 2017, which was around 31% below the average October 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

38 ROWAN DRIVE Sold Prices

Land registry data shows three sales for 38 ROWAN 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. All of the three 38 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
2017 4 OCT	£254,000	£366,333	31% below HPI
2014 4 JUL	£235,000	£305,274	23% below HPI
2001 29 AUG	£128,500	£156,913	18% below HPI

38 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 three 38 ROWAN DRIVE sales between August 2001 and October 2017 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 38 ROWAN DRIVE?

38 ROWAN DRIVE is 153m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 10% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 38 ROWAN DRIVE lies on this distribution: 90% of detached houses are smaller than 38 ROWAN DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Armitage.

38 ROWAN DRIVE: Plot and Title Map

38 ROWAN DRIVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 38 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 38 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 38 ROWAN DRIVE?

38 ROWAN DRIVE is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 38 on ROWAN DRIVE.