56, SEVERN DRIVE, BURNTWOOD, WS7 9JF - £199,000

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

56 SEVERN DRIVE is a very small extended detached house of 56m², built sometime between 1967 and 1975. It was last sold for £199,000 in January 2011, which was around 30% below the average January 2011 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

56 SEVERN DRIVE Sold Prices

Land registry data shows three sales for 56 SEVERN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 56 SEVERN 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
2011 27 JAN	£199,000	£285,293	30% below HPI
2006 4 AUG	£205,000	£275,374	26% below HPI
2002 19 JUL	£130,000	£179,380	28% below HPI

56 SEVERN 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 three 56 SEVERN DRIVE sales between July 2002 and January 2011 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2011 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 56 SEVERN DRIVE?

56 SEVERN DRIVE is 56m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 56 SEVERN DRIVE lies on this distribution: 1% of detached houses are smaller than 56 SEVERN DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

56 SEVERN DRIVE: Plot and Title Map

56 SEVERN DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 56 SEVERN 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 SEVERN 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 SEVERN DRIVE?

56 SEVERN DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 56 on SEVERN DRIVE.