7, LAMBOURNE WAY, NORTON CANES, CANNOCK, WS11 9FA - £258,000

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

7 LAMBOURNE WAY is a small extended detached house of 99m², built sometime between 1991 and 1995. It was last sold for £258,000 in October 2021, which was around 13% below the average October 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

7 LAMBOURNE WAY Sold Prices

Land registry data shows five sales for 7 LAMBOURNE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the five 7 LAMBOURNE 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 1 OCT	£258,000	£295,970	13% below HPI
2018 4 MAY	£222,500	£238,953	7% below HPI
2011 1 JUL	£162,500	£181,251	10% below HPI
2010 22 MAR	£150,000	£177,494	15% below HPI
2004 20 FEB	£137,950	£158,429	13% below HPI

7 LAMBOURNE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The five 7 LAMBOURNE WAY sales between February 2004 and October 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 May 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 LAMBOURNE WAY?

7 LAMBOURNE WAY is 99m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Norton Canes, based on EPC data. The below chart shows the distribution of detached houses by size in Norton Canes, and where 7 LAMBOURNE WAY lies on this distribution: 38% of detached houses are smaller than 7 LAMBOURNE WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Norton Canes.

7 LAMBOURNE WAY: Plot and Title Map

7 LAMBOURNE WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 7 LAMBOURNE 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 7 LAMBOURNE 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 7 LAMBOURNE WAY?

7 LAMBOURNE WAY is located in NORTON CANES, in the WS11 postcode district. The below map shows the position of No. 7 on LAMBOURNE WAY.