14, SALT WAY, FRADLEY, LICHFIELD, WS13 8UQ - £490,000

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

14 SALT WAY is a large detached house of 164m². It was last sold for £490,000 in November 2020, which was around 22% above the average November 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

14 SALT WAY Sold Prices

Land registry data shows two sales for 14 SALT 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 14 SALT 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
2020 20 NOV	£490,000	£402,911	22% above HPI
2018 21 AUG	£479,995	£378,840	27% above HPI

14 SALT 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 14 SALT WAY sales from August 2018 and November 2020 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 August 2018 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2020 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 14 SALT WAY?

14 SALT WAY is 164m² according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of detached houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley South, and where 14 SALT WAY lies on this distribution: 74% of detached houses are smaller than 14 SALT WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

14 SALT WAY: Plot and Title Map

14 SALT WAY sits on a plot of roughly 0.119 of an acre, or 484m². The below map shows the location of 14 SALT 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 14 SALT 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 14 SALT WAY?

14 SALT WAY is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 14 on SALT WAY.