42, SEVERN DRIVE, BURNTWOOD, WS7 9JF - £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

42 SEVERN DRIVE is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £325,000 in December 2021, which was around 26% below the average December 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

42 SEVERN DRIVE Sold Prices

Land registry data shows two sales for 42 SEVERN 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 42 SEVERN 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
2021 22 DEC	£325,000	£438,569	26% below HPI
1996 13 DEC	£68,000	£95,305	29% below HPI

42 SEVERN 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 42 SEVERN DRIVE sales from December 1996 and December 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 December 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 42 SEVERN DRIVE?

42 SEVERN DRIVE is 106m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 50% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 42 SEVERN DRIVE lies on this distribution: 48% of detached houses are smaller than 42 SEVERN DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

42 SEVERN DRIVE: Plot and Title Map

42 SEVERN DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 42 SEVERN 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 SEVERN 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 SEVERN DRIVE?

42 SEVERN DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 42 on SEVERN DRIVE.