3, HOLLY DRIVE, LICHFIELD, WS13 8SE - £270,000

3 HOLLY DRIVE is a very small detached house of 100m², built sometime between 1991 and 1995. It was last sold for £270,000 in August 2016, which was around 23% below the average August 2016 detached price in the Lichfield local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

3 HOLLY DRIVE Sold Prices

Land registry data shows six sales for 3 HOLLY DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Most of the six 3 HOLLY 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
2016 23 AUG	£270,000	£349,658	23% below HPI
2012 18 MAY	£238,000	£267,836	11% below HPI
2007 23 APR	£258,000	£287,824	10% below HPI
2005 24 MAR	£249,000	£266,604	7% below HPI
2004 16 JUL	£120,000	£246,466	51% below HPI
2000 7 SEP	£150,000	£147,918	1% above HPI

3 HOLLY 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 six 3 HOLLY DRIVE sales between September 2000 and August 2016 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 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 HOLLY DRIVE?

3 HOLLY DRIVE is 100m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of detached houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley, and where 3 HOLLY DRIVE lies on this distribution: 18% of detached houses are smaller than 3 HOLLY DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Fradley.

3 HOLLY DRIVE: Plot and Title Map

3 HOLLY DRIVE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 3 HOLLY 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 3 HOLLY 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 3 HOLLY DRIVE?

3 HOLLY DRIVE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 3 on HOLLY DRIVE.