40, COLLING DRIVE, LICHFIELD, WS13 8FJ - £228,000

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.

40 COLLING DRIVE is a very small terraced house of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £307,061. It was last sold for £228,000 in February 2020, which was around 23% above the average February 2020 terraced price in the Lichfield local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

40 COLLING DRIVE Sold Prices

Land registry data shows one sale for 40 COLLING DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 19 FEB	£228,000	£186,005	23% above HPI

What might 40 COLLING DRIVE be worth now?

40 COLLING DRIVE might now be worth an estimated £307,061.

This is based on house price inflation of 34.7%, between February 2020 and May 2026, for terraced 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 34.7% inflationary increase is applied to the most recent sale price for 40 COLLING DRIVE of £228,000 on 19th February 2020. For the value to have increased from £228,000 to £307,061 over the five years and nine months to May 2026, the following assumptions must hold true:

• The value of 40 COLLING DRIVE has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The February 2020 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 40 COLLING DRIVE has not materially changed since February 2020.

How Large is 40 COLLING DRIVE?

40 COLLING DRIVE is 57m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of terraced houses in Lichfield, based on EPC data. The below chart shows the distribution of terraced houses by size in Lichfield, and where 40 COLLING DRIVE lies on this distribution: 11% of terraced houses are smaller than 40 COLLING DRIVE, and 87% of terraced houses are larger. Note that EPC data is not available for all properties in Lichfield.

40 COLLING DRIVE: Plot

40 COLLING DRIVE sits on a plot of roughly 0.036 of an acre, or 146m².

Where is 40 COLLING DRIVE?

40 COLLING DRIVE is located in LICHFIELD, in the WS13 postcode district.