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
5 FREER DRIVE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £388,500 in September 2018, which was around 3% above the average September 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 5 FREER DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the five 5 FREER 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 |
---|---|---|---|
2018 14 SEP | £388,500 | £375,482 | 3% above HPI |
2010 26 OCT | £295,000 | £285,337 | 3% above HPI |
2007 2 APR | £315,000 | £287,824 | 9% above HPI |
2005 3 MAY | £310,000 | £260,649 | 19% above HPI |
2001 27 JUL | £226,950 | £154,990 | 46% above HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The five 5 FREER DRIVE sales between July 2001 and September 2018 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 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2018 sale, which was also at 3% above the HPI.
5 FREER DRIVE is 130m² according to the EPC inspection conducted in February 2010. This puts it in the largest 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 5 FREER DRIVE lies on this distribution: 75% of detached houses are smaller than 5 FREER DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Burntwood.
5 FREER DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 5 FREER 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 5 FREER 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.
5 FREER DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 5 on FREER DRIVE.