18, LAWRENCE WAY, LICHFIELD, WS13 6RD - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 LAWRENCE WAY is a very large detached house of 196m², built sometime between 2003 and 2006. It was last sold for £490,000 in June 2021, which was around 19% above the average June 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

18 LAWRENCE WAY Sold Prices

Land registry data shows four sales for 18 LAWRENCE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 18 LAWRENCE 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
2021 25 JUN	£490,000	£412,784	19% above HPI
2010 10 DEC	£335,000	£291,154	15% above HPI
2008 22 AUG	£295,000	£286,744	3% above HPI
2004 30 JUN	£305,000	£239,511	27% above HPI

18 LAWRENCE 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 four 18 LAWRENCE WAY sales between June 2004 and June 2021 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 2010 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 18 LAWRENCE WAY?

18 LAWRENCE WAY is 196m² according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 18 LAWRENCE WAY lies on this distribution: 92% of detached houses are smaller than 18 LAWRENCE WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

18 LAWRENCE WAY: Plot and Title Map

18 LAWRENCE WAY sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 18 LAWRENCE 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 18 LAWRENCE 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 18 LAWRENCE WAY?

18 LAWRENCE WAY is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 18 on LAWRENCE WAY.