Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
55 LAKELAND DRIVE is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £180,000 in April 2015, which was around 22% below the average April 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 C.
Land registry data shows four sales for 55 LAKELAND DRIVE since 1st 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. All of the four 55 LAKELAND 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 |
---|---|---|---|
2015 17 APR | £180,000 | £232,171 | 22% below HPI |
2009 27 FEB | £140,000 | £203,591 | 31% below HPI |
2006 27 JAN | £181,000 | £214,211 | 16% below HPI |
1996 6 SEP | £64,000 | £76,420 | 16% below HPI |
The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The four 55 LAKELAND DRIVE sales between September 1996 and April 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 February 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
55 LAKELAND DRIVE is 90m², which includes one extension, 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 55 LAKELAND DRIVE lies on this distribution: 23% of detached houses are smaller than 55 LAKELAND DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Tamworth.
55 LAKELAND DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 55 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 55 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.
55 LAKELAND DRIVE is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 55 on LAKELAND DRIVE.