4, ROWAN DRIVE, HANDSACRE, RUGELEY, WS15 4TQ - £295,000

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

4 ROWAN DRIVE is a very small detached house of 61m², built sometime between 1996 and 2002. It was last sold for £295,000 in August 2023, which was around 37% below the average August 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

4 ROWAN DRIVE Sold Prices

Land registry data shows four sales for 4 ROWAN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 4 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
2023 14 AUG	£295,000	£470,366	37% below HPI
2014 16 JUN	£187,500	£305,201	39% below HPI
2000 29 SEP	£92,000	£147,918	38% below HPI
1999 2 JUL	£83,000	£122,793	32% below HPI

4 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 four 4 ROWAN DRIVE sales between July 1999 and August 2023 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 4 ROWAN DRIVE?

4 ROWAN DRIVE is 61m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 4 ROWAN DRIVE lies on this distribution: 4% of detached houses are smaller than 4 ROWAN DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Armitage.

4 ROWAN DRIVE: Plot and Title Map

4 ROWAN DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 4 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 4 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 4 ROWAN DRIVE?

4 ROWAN DRIVE is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 4 on ROWAN DRIVE.