1, LIME WAY, STREETHAY, LICHFIELD, WS13 8RP - £225,000

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.

1 LIME WAY is a small terraced house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £288,700. It was last sold for £225,000 in December 2020, which was around 15% above the average December 2020 terraced price in the Lichfield local authority area. The most recent EPC inspection was February 2011, where the current energy rating was B, and the potential energy rating was B.

1 LIME WAY Sold Prices

Land registry data shows four sales for 1 LIME WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. All of the four 1 LIME WAY sales were for above 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
2020 11 DEC	£225,000	£195,232	15% above HPI
2015 22 MAY	£188,500	£155,014	22% above HPI
2012 25 OCT	£155,000	£136,870	13% above HPI
2007 13 APR	£175,995	£145,652	21% above HPI

1 LIME WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lichfield local authority area over time, sourced from the HPI. The four 1 LIME WAY sales between April 2007 and December 2020 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 1 LIME WAY be worth now?

1 LIME WAY might now be worth an estimated £288,700.

This is based on house price inflation of 28.3%, between December 2020 and May 2026, for terraced 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 28.3% inflationary increase is applied to the most recent sale price for 1 LIME WAY of £225,000 on 11th December 2020. For the value to have increased from £225,000 to £288,700 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 1 LIME WAY has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The December 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LIME WAY has not materially changed since December 2020.

How Large is 1 LIME WAY?

1 LIME WAY is 90m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of terraced houses houses in Streethay, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Streethay, and where 1 LIME WAY lies on this distribution: 21% of terraced houses houses are smaller than 1 LIME WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Streethay.

1 LIME WAY: Plot and Title Map

1 LIME WAY sits on a plot of roughly 0.024 of an acre, or 96m². The below map shows the location of 1 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 1 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.

Where is 1 LIME WAY?

1 LIME WAY is located in STREETHAY, in the WS13 postcode district. The below map shows the position of No. 1 on LIME WAY.