4, RYECROFT DRIVE, BURNTWOOD, WS7 2JA - £325,000

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 RYECROFT DRIVE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £325,000 in July 2023, which was around 32% below the average July 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

4 RYECROFT DRIVE Sold Prices

Land registry data shows two sales for 4 RYECROFT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 4 RYECROFT 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 28 JUL	£325,000	£474,906	32% below HPI
2022 24 JUN	£200,000	£455,288	56% below HPI

4 RYECROFT 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 two 4 RYECROFT DRIVE sales from June 2022 and July 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 2022 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the July 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 RYECROFT DRIVE?

4 RYECROFT DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 4 RYECROFT DRIVE lies on this distribution: 33% of detached houses are smaller than 4 RYECROFT DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

4 RYECROFT DRIVE: Plot and Title Map

4 RYECROFT DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 4 RYECROFT 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 RYECROFT 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 RYECROFT DRIVE?

4 RYECROFT DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 4 on RYECROFT DRIVE.