24, FOSSEWAY, LICHFIELD, WS14 0AD - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 FOSSEWAY is a very large extended detached house of 276m², built sometime between 1950 and 1966, which could now be worth an estimated £944,606. It was last sold for £550,000 in June 2007, which was around 83% above the average June 2007 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

24 FOSSEWAY Sold Prices

Land registry data shows two sales for 24 FOSSEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 24 FOSSEWAY 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
2007 19 JUN	£550,000	£299,858	83% above HPI
2002 19 JUL	£288,000	£183,813	57% above HPI

24 FOSSEWAY 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 two 24 FOSSEWAY sales from July 2002 and June 2007 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 July 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the June 2007 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might 24 FOSSEWAY be worth now?

24 FOSSEWAY might now be worth an estimated £944,606.

This is based on house price inflation of 71.7%, between June 2007 and December 2024, for 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 71.7% inflationary increase is applied to the most recent sale price for 24 FOSSEWAY of £550,000 on 19th June 2007. For the value to have increased from £550,000 to £944,606 over the sixteen years and six months to December 2024, the following assumptions must hold true:

• The value of 24 FOSSEWAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The June 2007 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 24 FOSSEWAY has not materially changed since June 2007.

How Large is 24 FOSSEWAY?

24 FOSSEWAY is 276m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lichfield, and where 24 FOSSEWAY lies on this distribution: 98% of detached houses houses are smaller than 24 FOSSEWAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

24 FOSSEWAY: Plot and Title Map

24 FOSSEWAY sits on a plot of roughly 0.295 of an acre, or 1,192m². The below map shows the location of 24 FOSSEWAY, 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 24 FOSSEWAY). 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 24 FOSSEWAY?

24 FOSSEWAY is located in LICHFIELD, in the WS14 postcode district. The below map shows the position of No. 24 on FOSSEWAY.