21, THOMPSON WAY, STREETHAY, LICHFIELD, WS13 8GD - £368,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 THOMPSON WAY is a small detached house of 120m², which could now be worth an estimated £447,813. It was last sold for £368,000 in July 2021, which was around 12% below the average July 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was B.

21 THOMPSON WAY Sold Prices

Land registry data shows two sales for 21 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 21 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
2021 21 JUL	£368,000	£418,406	12% below HPI
2017 21 JUL	£345,000	£358,097	4% below HPI

21 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 21 THOMPSON WAY sales from July 2017 and July 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 July 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 21 THOMPSON WAY be worth now?

21 THOMPSON WAY might now be worth an estimated £447,813.

This is based on house price inflation of 21.7%, between July 2021 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for 21 THOMPSON WAY of £368,000 on 21st July 2021. For the value to have increased from £368,000 to £447,813 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 21 THOMPSON WAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The July 2021 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 21 THOMPSON WAY has not materially changed since July 2021.

How Large is 21 THOMPSON WAY?

21 THOMPSON WAY is 120m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses houses in Streethay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Streethay, and where 21 THOMPSON WAY lies on this distribution: 38% of detached houses houses are smaller than 21 THOMPSON WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Streethay.

21 THOMPSON WAY: Plot and Title Map

21 THOMPSON WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 21 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 21 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 21 THOMPSON WAY?

21 THOMPSON WAY is located in STREETHAY, in the WS13 postcode district. The below map shows the position of No. 21 on THOMPSON WAY.