2, THOMPSON WAY, STREETHAY, LICHFIELD, WS13 8GD - £440,000

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

2 THOMPSON WAY is a small detached house of 120m². It was last sold for £440,000 in November 2022, which was around 9% below the average November 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

2 THOMPSON WAY Sold Prices

Land registry data shows two sales for 2 THOMPSON 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 2 THOMPSON 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
2022 11 NOV	£440,000	£483,575	9% below HPI
2018 20 DEC	£360,000	£382,668	6% below HPI

2 THOMPSON 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 2 THOMPSON WAY sales from December 2018 and November 2022 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 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 THOMPSON WAY?

2 THOMPSON WAY is 120m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses in Streethay, based on EPC data. The below chart shows the distribution of detached houses by size in Streethay, and where 2 THOMPSON WAY lies on this distribution: 37% of detached houses are smaller than 2 THOMPSON WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Streethay.

2 THOMPSON WAY: Plot and Title Map

2 THOMPSON WAY sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 2 THOMPSON 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 2 THOMPSON 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 2 THOMPSON WAY?

2 THOMPSON WAY is located in STREETHAY, in the WS13 postcode district. The below map shows the position of No. 2 on THOMPSON WAY.