22, LAWRENCE WAY, LICHFIELD, WS13 6RD - £620,000

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

22 LAWRENCE WAY is a large detached house of 152m², built sometime between 2007 and 2011. It was last sold for £620,000 in October 2022, which was around 30% above the average October 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

22 LAWRENCE WAY Sold Prices

Land registry data shows three sales for 22 LAWRENCE 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 Lichfield local authority area for the corresponding sale date. All of the three 22 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
2022 13 OCT	£620,000	£476,308	30% above HPI
2011 28 OCT	£360,000	£284,638	26% above HPI
2005 24 FEB	£369,950	£271,654	36% above HPI

22 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 three 22 LAWRENCE WAY sales between February 2005 and October 2022 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 October 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 22 LAWRENCE WAY?

22 LAWRENCE WAY is 152m² according to the EPC inspection conducted in October 2021. This puts it in the largest 30% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 22 LAWRENCE WAY lies on this distribution: 75% of detached houses are smaller than 22 LAWRENCE WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

22 LAWRENCE WAY: Plot and Title Map

22 LAWRENCE WAY sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 22 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 22 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 22 LAWRENCE WAY?

22 LAWRENCE WAY is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 22 on LAWRENCE WAY.