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
8 LIME WAY is a small extended detached house of 115m², built sometime between 2003 and 2006. It was last sold for £420,000 in November 2023, which was around 9% below the average November 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 LIME WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 8 LIME 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 2 NOV | £420,000 | £459,964 | 9% below HPI |
2015 1 MAY | £283,000 | £321,561 | 12% below HPI |
2006 24 NOV | £279,995 | £282,505 | 1% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 8 LIME WAY sales between November 2006 and November 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 May 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
8 LIME WAY is 115m², which includes two extensions, according to the EPC inspection conducted in September 2024. 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 8 LIME WAY lies on this distribution: 34% of detached houses are smaller than 8 LIME WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Streethay.
8 LIME WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 8 LIME 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 8 LIME 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.
8 LIME WAY is located in STREETHAY, in the WS13 postcode district. The below map shows the position of No. 8 on LIME WAY.