THE BUNGALOW, THE CROFT, DRAYTON LANE, DRAYTON BASSETT, TAMWORTH, B78 3TX - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE BUNGALOW is a very small detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £445,162. It was last sold for £345,000 in November 2018, which was around 13% below the average November 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW 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 THE BUNGALOW 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 28 NOV	£345,000	£394,591	13% below HPI
2009 20 JUL	£245,000	£262,616	7% below HPI
2002 26 JUL	£173,000	£183,813	6% below HPI

THE BUNGALOW 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 THE BUNGALOW sales between July 2002 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 July 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £445,162.

This is based on house price inflation of 29%, between November 2018 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £345,000 on 28th November 2018. For the value to have increased from £345,000 to £445,162 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since November 2018.

How Large is THE BUNGALOW?

THE BUNGALOW is 83m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses houses in Drayton Bassett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drayton Bassett, and where THE BUNGALOW lies on this distribution: 9% of detached houses houses are smaller than THE BUNGALOW, and 91% of houses are larger. Note that EPC data is not available for all properties in Drayton Bassett.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW, THE CROFT is located on DRAYTON LANE in DRAYTON BASSETT, in the B78 postcode district. The below map shows the position of THE BUNGALOW, THE CROFT on DRAYTON LANE.