1, CRANLEIGH WAY, LICHFIELD, WS14 9XT - £187,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CRANLEIGH WAY is a small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £187,000 in October 2009, which was around 29% below the average October 2009 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

1 CRANLEIGH WAY Sold Prices

Land registry data shows two sales for 1 CRANLEIGH 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 1 CRANLEIGH WAY 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
2009 16 OCT	£187,000	£262,490	29% below HPI
1996 11 OCT	£82,000	£99,445	18% below HPI

1 CRANLEIGH 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 1 CRANLEIGH WAY sales from October 1996 and October 2009 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 October 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2009 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 CRANLEIGH WAY?

1 CRANLEIGH WAY is 89m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 1 CRANLEIGH WAY lies on this distribution: 20% of detached houses are smaller than 1 CRANLEIGH WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

1 CRANLEIGH WAY: Plot and Title Map

1 CRANLEIGH WAY sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 1 CRANLEIGH 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 1 CRANLEIGH 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 1 CRANLEIGH WAY?

1 CRANLEIGH WAY is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 1 on CRANLEIGH WAY.