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
8 HAZEL DRIVE is a very small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £230,000 in November 2018, which was around 40% below the average November 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 HAZEL DRIVE since 1st 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 8 HAZEL 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 |
---|---|---|---|
2018 30 NOV | £230,000 | £385,074 | 40% below HPI |
2012 12 JUN | £177,500 | £270,628 | 34% below HPI |
1998 8 MAY | £77,000 | £109,757 | 30% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 8 HAZEL DRIVE sales between May 1998 and November 2018 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 June 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
8 HAZEL DRIVE is 81m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 8 HAZEL DRIVE lies on this distribution: 19% of detached houses are smaller than 8 HAZEL DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Armitage.
8 HAZEL DRIVE sits on a plot of roughly 0.074 of an acre, or 297m². The below map shows the location of 8 HAZEL 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 8 HAZEL 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.
8 HAZEL DRIVE is located in ARMITAGE, in the WS15 postcode district. The below map shows the position of No. 8 on HAZEL DRIVE.