5, LAKELAND DRIVE, WILNECOTE, TAMWORTH, B77 5TG - £237,500

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 LAKELAND DRIVE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £237,500 in December 2015, which was around 5% below the average December 2015 detached price in the Tamworth local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

5 LAKELAND DRIVE Sold Prices

Land registry data shows four sales for 5 LAKELAND 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 Tamworth local authority area for the corresponding sale date. two of the four 5 LAKELAND DRIVE sales were for below the average price, and four 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
2015 4 DEC	£237,500	£250,822	5% below HPI
2003 1 AUG	£185,000	£181,326	2% above HPI
1997 28 NOV	£85,000	£83,855	1% above HPI
1995 30 JUN	£71,500	£74,781	4% below HPI

5 LAKELAND DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The four 5 LAKELAND DRIVE sales between June 1995 and December 2015 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 August 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 LAKELAND DRIVE?

5 LAKELAND DRIVE is 94m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 5 LAKELAND DRIVE lies on this distribution: 28% of detached houses are smaller than 5 LAKELAND DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

5 LAKELAND DRIVE: Plot and Title Map

5 LAKELAND DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 5 LAKELAND 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 LAKELAND 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 LAKELAND DRIVE?

5 LAKELAND DRIVE is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 5 on LAKELAND DRIVE.