2, LAMBOURNE WAY, NORTON CANES, CANNOCK, WS11 9FA - £245,000

2 LAMBOURNE WAY is a very large detached house of 136m², built sometime between 1996 and 2002. It was last sold for £245,000 in October 2015, which was around 15% above the average October 2015 detached price in the Cannock Chase local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

2 LAMBOURNE WAY Sold Prices

Land registry data shows three sales for 2 LAMBOURNE 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 Cannock Chase local authority area for the corresponding sale date. All of the three 2 LAMBOURNE 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
2015 26 OCT	£245,000	£212,863	15% above HPI
2006 5 SEP	£231,000	£194,851	19% above HPI
2001 18 MAY	£129,950	£96,453	35% above HPI

2 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 three 2 LAMBOURNE WAY sales between May 2001 and October 2015 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 September 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 LAMBOURNE WAY?

2 LAMBOURNE WAY is 136m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% 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 2 LAMBOURNE WAY lies on this distribution: 83% of detached houses are smaller than 2 LAMBOURNE WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Norton Canes.

2 LAMBOURNE WAY: Plot and Title Map

2 LAMBOURNE WAY sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 2 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 2 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 2 LAMBOURNE WAY?

2 LAMBOURNE WAY is located in NORTON CANES, in the WS11 postcode district. The below map shows the position of No. 2 on LAMBOURNE WAY.