2, FINCH WAY, FRADLEY, LICHFIELD, WS13 8UB - £487,500

2 FINCH WAY is a very large extended detached house of 199m², built sometime between 1976 and 1982. It was last sold for £487,500 in January 2020, which was around 29% above the average January 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

2 FINCH WAY Sold Prices

Land registry data shows three sales for 2 FINCH WAY since 1^st 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 2 FINCH 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 31 JAN	£487,500	£379,365	29% above HPI
2008 1 DEC	£315,000	£261,864	20% above HPI
2000 28 JUL	£216,950	£141,541	53% above HPI

2 FINCH 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 three 2 FINCH WAY sales between July 2000 and January 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 December 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 2 FINCH WAY?

2 FINCH WAY is 199m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses in Fradley, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley, and where 2 FINCH WAY lies on this distribution: 92% of detached houses are smaller than 2 FINCH WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Fradley.

2 FINCH WAY: Plot and Title Map

2 FINCH WAY sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 2 FINCH 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 2 FINCH 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 2 FINCH WAY?

2 FINCH WAY is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 2 on FINCH WAY.