43, SEVERN DRIVE, BURNTWOOD, WS7 9JF - £278,000

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

43 SEVERN DRIVE is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £278,000 in April 2021, which was around 32% below the average April 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

43 SEVERN DRIVE Sold Prices

Land registry data shows four sales for 43 SEVERN 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 43 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 30 APR	£278,000	£405,985	32% below HPI
2014 17 OCT	£200,000	£312,099	36% below HPI
2004 3 SEP	£174,500	£258,586	33% below HPI
2003 29 APR	£127,000	£209,532	39% below HPI

43 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 four 43 SEVERN DRIVE sales between April 2003 and April 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 October 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 43 SEVERN DRIVE?

43 SEVERN DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 43 SEVERN DRIVE lies on this distribution: 23% of detached houses are smaller than 43 SEVERN DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

43 SEVERN DRIVE: Plot and Title Map

43 SEVERN DRIVE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 43 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 43 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 43 SEVERN DRIVE?

43 SEVERN DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 43 on SEVERN DRIVE.