56, LAKELAND DRIVE, WILNECOTE, TAMWORTH, B77 5TH - £165,000

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

56 LAKELAND DRIVE is a midsized extended detached house of 108m², built sometime between 1991 and 1995. It was last sold for £165,000 in October 2003, which was around 8% below the average October 2003 detached price in the Tamworth local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

56 LAKELAND DRIVE Sold Prices

Land registry data shows two sales for 56 LAKELAND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Both of the two 56 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
2003 13 OCT	£165,000	£179,293	8% below HPI
2002 12 JUL	£143,000	£145,462	2% below HPI

56 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 two 56 LAKELAND DRIVE sales from July 2002 and October 2003 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 July 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2003 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 56 LAKELAND DRIVE?

56 LAKELAND DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 50% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 56 LAKELAND DRIVE lies on this distribution: 47% of detached houses are smaller than 56 LAKELAND DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

56 LAKELAND DRIVE: Plot and Title Map

56 LAKELAND DRIVE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 56 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 56 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 56 LAKELAND DRIVE?

56 LAKELAND DRIVE is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 56 on LAKELAND DRIVE.