3, LAMBOURNE WAY, NORTON CANES, CANNOCK, WS11 9FA - £155,000

3 LAMBOURNE WAY is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £155,000 in May 2014, which was around 22% below the average May 2014 detached price in the Cannock Chase local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

3 LAMBOURNE WAY Sold Prices

Land registry data shows two sales for 3 LAMBOURNE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Both of the two 3 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
2014 22 MAY	£155,000	£197,771	22% below HPI
2001 26 JAN	£86,950	£96,089	10% below HPI

3 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 two 3 LAMBOURNE WAY sales from January 2001 and May 2014 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 January 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 LAMBOURNE WAY?

3 LAMBOURNE WAY is 86m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% 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 3 LAMBOURNE WAY lies on this distribution: 20% of detached houses are smaller than 3 LAMBOURNE WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Norton Canes.

3 LAMBOURNE WAY: Plot and Title Map

3 LAMBOURNE WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 3 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 3 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 3 LAMBOURNE WAY?

3 LAMBOURNE WAY is located in NORTON CANES, in the WS11 postcode district. The below map shows the position of No. 3 on LAMBOURNE WAY.