7, FREER DRIVE, BURNTWOOD, WS7 9QJ - £390,000

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

7 FREER DRIVE is a very large extended detached house of 143m², built sometime between 1996 and 2002. It was last sold for £390,000 in March 2022, which was around 12% below the average March 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

7 FREER DRIVE Sold Prices

Land registry data shows two sales for 7 FREER 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 Lichfield local authority area for the corresponding sale date. Both of the two 7 FREER 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
2022 25 MAR	£390,000	£441,605	12% below HPI
2001 18 MAY	£147,950	£155,937	5% below HPI

7 FREER 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 two 7 FREER DRIVE sales from May 2001 and March 2022 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 May 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 FREER DRIVE?

7 FREER DRIVE is 143m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 7 FREER DRIVE lies on this distribution: 85% of detached houses are smaller than 7 FREER DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

7 FREER DRIVE: Plot and Title Map

7 FREER DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 7 FREER 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 7 FREER 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 7 FREER DRIVE?

7 FREER DRIVE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 7 on FREER DRIVE.