27, OAK WAY, STREETHAY, LICHFIELD, WS13 8GH - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 OAK WAY is a small detached house of 117m², which could now be worth an estimated £462,903. It was last sold for £380,000 in March 2021, which was around 9% below the average March 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was B.

27 OAK WAY Sold Prices

Land registry data shows two sales for 27 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 27 OAK 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 15 MAR	£380,000	£417,965	9% below HPI
2017 31 OCT	£345,000	£375,386	8% below HPI

27 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 27 OAK WAY sales from October 2017 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 October 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 27 OAK WAY be worth now?

27 OAK WAY might now be worth an estimated £462,903.

This is based on house price inflation of 21.8%, between March 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 21.8% inflationary increase is applied to the most recent sale price for 27 OAK WAY of £380,000 on 15th March 2021. For the value to have increased from £380,000 to £462,903 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 27 OAK WAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The March 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 27 OAK WAY has not materially changed since March 2021.

How Large is 27 OAK WAY?

27 OAK WAY is 117m² according to the EPC inspection conducted in September 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 27 OAK WAY lies on this distribution: 35% of detached houses houses are smaller than 27 OAK WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Streethay.

27 OAK WAY: Plot and Title Map

27 OAK WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 27 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 27 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 27 OAK WAY?

27 OAK WAY is located in STREETHAY, in the WS13 postcode district. The below map shows the position of No. 27 on OAK WAY.