2, FARADAY ROAD, STREETHAY, LICHFIELD, WS13 8UX - £220,000

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.

2 FARADAY ROAD is a very small semi-detached house of 68m², built in 2020, which could now be worth an estimated £300,878. It was last sold for £220,000 in June 2020, which was around 5% below the average June 2020 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was A.

2 FARADAY ROAD Sold Prices

Land registry data shows one sale for 2 FARADAY ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Lichfield local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 30 JUN	£220,000	£231,358	5% below HPI

What might 2 FARADAY ROAD be worth now?

2 FARADAY ROAD might now be worth an estimated £300,878.

This is based on house price inflation of 36.8%, between June 2020 and May 2026, for semi-detached 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 36.8% inflationary increase is applied to the most recent sale price for 2 FARADAY ROAD of £220,000 on 30th June 2020. For the value to have increased from £220,000 to £300,878 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 2 FARADAY ROAD has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The June 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARADAY ROAD has not materially changed since June 2020.

How Large is 2 FARADAY ROAD?

2 FARADAY ROAD is 68m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of semi-detached houses in Streethay, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Streethay, and where 2 FARADAY ROAD lies on this distribution: 5% of semi-detached houses are smaller than 2 FARADAY ROAD, and 81% of semi-detached houses are larger. Note that EPC data is not available for all properties in Streethay.

2 FARADAY ROAD: Plot

2 FARADAY ROAD sits on a plot of roughly 0.047 of an acre, or 191m².

Where is 2 FARADAY ROAD?

2 FARADAY ROAD is located in STREETHAY, in the WS13 postcode district.