5, LIME WAY, STREETHAY, LICHFIELD, WS13 8RP - £215,000

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.

5 LIME WAY is a midsized terraced house of 127m², built sometime between 2003 and 2006, which could now be worth an estimated £408,448. It was last sold for £215,000 in June 2012, which was around 63% above the average June 2012 terraced price in the Lichfield local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

5 LIME WAY Sold Prices

Land registry data shows two sales for 5 LIME WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lichfield local authority area for the corresponding sale date. Both of the two 5 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
2012 29 JUN	£215,000	£131,861	63% above HPI
2007 7 SEP	£221,995	£146,423	52% above HPI

5 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 two 5 LIME WAY sales from September 2007 and June 2012 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 2007 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the June 2012 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 5 LIME WAY be worth now?

5 LIME WAY might now be worth an estimated £408,448.

This is based on house price inflation of 90%, between June 2012 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 90% inflationary increase is applied to the most recent sale price for 5 LIME WAY of £215,000 on 29th June 2012. For the value to have increased from £215,000 to £408,448 over the fourteen years and one month to May 2026, the following assumptions must hold true:

• The value of 5 LIME WAY has moved in line with the HPI for terraced houses in the Lichfield local authority area.
• The June 2012 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LIME WAY has not materially changed since June 2012.

How Large is 5 LIME WAY?

5 LIME WAY is 127m² according to the EPC inspection conducted in November 2020. This puts it in the largest 50% 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 5 LIME WAY lies on this distribution: 51% of terraced houses houses are smaller than 5 LIME WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Streethay.

5 LIME WAY: Plot and Title Map

5 LIME WAY sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 5 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 5 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 5 LIME WAY?

5 LIME WAY is located in STREETHAY, in the WS13 postcode district. The below map shows the position of No. 5 on LIME WAY.