56, OAK WAY, STREETHAY, LICHFIELD, WS13 8GH - £506,300

56 OAK WAY is a large detached house of 147m². It was last sold for £506,300 in March 2021, which was around 24% above the average March 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

56 OAK WAY Sold Prices

Land registry data shows two sales for 56 OAK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 56 OAK WAY sales were for above 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
2021 22 MAR	£506,300	£407,885	24% above HPI
2019 24 DEC	£394,103	£375,361	5% above HPI

56 OAK WAY 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 two 56 OAK WAY sales from December 2019 and March 2021 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 December 2019 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 56 OAK WAY?

56 OAK WAY is 147m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Streethay, based on EPC data. The below chart shows the distribution of detached houses by size in Streethay, and where 56 OAK WAY lies on this distribution: 77% of detached houses are smaller than 56 OAK WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Streethay.

56 OAK WAY: Plot and Title Map

56 OAK WAY sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 56 OAK WAY, 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 56 OAK WAY). 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 56 OAK WAY?

56 OAK WAY is located in STREETHAY, in the WS13 postcode district. The below map shows the position of No. 56 on OAK WAY.