5, FREER DRIVE, BURNTWOOD, WS7 9QJ - £388,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 FREER DRIVE is a large detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £514,099. It was last sold for £388,500 in September 2018, which was around 1% 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.

5 FREER DRIVE Sold Prices

Land registry data shows five sales for 5 FREER DRIVE since 1^st 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	£384,761	1% above HPI
2010 26 OCT	£295,000	£292,388	1% above HPI
2007 2 APR	£315,000	£294,937	7% above HPI
2005 3 MAY	£310,000	£267,090	16% above HPI
2001 27 JUL	£226,950	£158,820	43% above HPI

5 FREER 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 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2018 sale, which was also at 1% above the HPI.

What might 5 FREER DRIVE be worth now?

5 FREER DRIVE might now be worth an estimated £514,099.

This is based on house price inflation of 32.3%, between September 2018 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.3% inflationary increase is applied to the most recent sale price for 5 FREER DRIVE of £388,500 on 14th September 2018. For the value to have increased from £388,500 to £514,099 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 FREER DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2018 sale price of £388,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FREER DRIVE has not materially changed since September 2018.

How Large is 5 FREER DRIVE?

5 FREER DRIVE is 130m² according to the EPC inspection conducted in February 2010. This puts it in the largest 30% of detached houses houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burntwood, and where 5 FREER DRIVE lies on this distribution: 75% of detached houses 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: Plot and Title Map

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.

Where is 5 FREER DRIVE?

5 FREER DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 5 on FREER DRIVE.