5 Lance Drive

    5, LANCE DRIVE, BURNTWOOD, WS7 1FA

    This detached freehold property on Lance Drive last sold in February 2018 for £184,000. Based on price growth in the WS7 district since then, its estimated current value is £247,626 — placing it in the 37th percentile nationally and the 41st percentile within WS7. The property covers 71 m² (764 sq ft), giving an estimated value of £3,488 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £184,000

    Feb 2018

    Estimated Valuation

    £247,626

    Est. £/sq ft

    £324/sq ft

    £3,488/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateJul 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Feb 2018

    £184,000

    30 May 2002

    £86,500

    24 May 1996

    £53,000

    Key Metrics

    Estimated valuation£247,626
    Value per sq ft / m²£324/sq ft (£3,488/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WS7 district percentile41st percentile
    National percentile37th percentile

    District Context — WS7

    WS7 covers Willenhall and surrounding areas in the Black Country, south of Wolverhampton in the West Midlands. It is a historically industrial district with a strong community feel, offering affordable housing and good transport links to nearby employment centres.

    Average Property Price - WS7

    £277,900

    36

    National percentile

    Average Net Household Income - WS7

    £36,405

    40

    National percentile

    10-Year Annualised Price Growth - WS7

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - WS

    4.6%

    84

    National percentile

    View full analysis for WS7

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