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 LANCELOT DRIVE is a large extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £237,500 in July 2014, which was around 6% above the average July 2014 detached price in the East Staffordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 5 LANCELOT DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Staffordshire local authority area for the corresponding sale date. All of the five 5 LANCELOT 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 |
---|---|---|---|
2014 30 JUL | £237,500 | £224,106 | 6% above HPI |
2008 22 JAN | £243,000 | £228,335 | 6% above HPI |
2006 20 OCT | £249,995 | £219,676 | 14% above HPI |
2004 2 JUL | £197,000 | £186,035 | 6% above HPI |
2001 5 MAR | £119,000 | £97,289 | 22% above HPI |
The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The five 5 LANCELOT DRIVE sales between March 2001 and July 2014 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 January 2008 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2014 sale, which was also at 6% above the HPI.
5 LANCELOT DRIVE is 121m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Stretton, based on EPC data. The below chart shows the distribution of detached houses by size in Stretton, and where 5 LANCELOT DRIVE lies on this distribution: 68% of detached houses are smaller than 5 LANCELOT DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Stretton.
5 LANCELOT DRIVE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 5 LANCELOT 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 LANCELOT 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 LANCELOT DRIVE is located in STRETTON, in the DE13 postcode district. The below map shows the position of No. 5 on LANCELOT DRIVE.