42, OAK DRIVE, MILE OAK, TAMWORTH, B78 3PR - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

42 OAK DRIVE is a very large extended detached house of 164m², built sometime between 1996 and 2002. It was last sold for £450,000 in March 2021, which was around 10% above the average March 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

42 OAK DRIVE Sold Prices

Land registry data shows three sales for 42 OAK 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 42 OAK 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
2021 29 MAR	£450,000	£407,885	10% above HPI
2013 19 APR	£315,000	£279,552	13% above HPI
2004 14 MAY	£345,950	£234,733	47% above HPI

42 OAK 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 42 OAK DRIVE sales between May 2004 and March 2021 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 April 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 42 OAK DRIVE?

42 OAK DRIVE is 164m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 42 OAK DRIVE lies on this distribution: 87% of detached houses are smaller than 42 OAK DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

42 OAK DRIVE: Plot and Title Map

42 OAK DRIVE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 42 OAK 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 42 OAK 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 42 OAK DRIVE?

42 OAK DRIVE is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 42 on OAK DRIVE.