62, THOMPSON WAY, STREETHAY, LICHFIELD, WS13 8GD - £395,000

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

62 THOMPSON WAY is a small detached house of 96m², built in 2021. It was last sold for £395,000 in October 2023, which was around 14% below the average October 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

62 THOMPSON WAY Sold Prices

Land registry data shows two sales for 62 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 62 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
2023 13 OCT	£395,000	£461,405	14% below HPI
2021 18 JUN	£345,000	£412,784	16% below HPI

62 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 62 THOMPSON WAY sales from June 2021 and October 2023 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 June 2021 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 62 THOMPSON WAY?

62 THOMPSON WAY is 96m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses in Streethay, based on EPC data. The below chart shows the distribution of detached houses by size in Streethay, and where 62 THOMPSON WAY lies on this distribution: 25% of detached houses are smaller than 62 THOMPSON WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Streethay.

62 THOMPSON WAY: Plot and Title Map

62 THOMPSON WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 62 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 62 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 62 THOMPSON WAY?

62 THOMPSON WAY is located in STREETHAY, in the WS13 postcode district. The below map shows the position of No. 62 on THOMPSON WAY.