24, LAWRENCE WAY, LICHFIELD, WS13 6RD - £380,000

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 LAWRENCE WAY is a very large detached house of 196m², built sometime between 2003 and 2006, which could now be worth an estimated £655,938. It was last sold for £380,000 in December 2010, which was around 27% above the average December 2010 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

24 LAWRENCE WAY Sold Prices

Land registry data shows two sales for 24 LAWRENCE WAY 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 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
2010 9 DEC	£380,000	£298,349	27% above HPI
2004 22 APR	£370,000	£238,282	55% above HPI

24 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 two 24 LAWRENCE WAY sales from April 2004 and December 2010 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 April 2004 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2010 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 24 LAWRENCE WAY be worth now?

24 LAWRENCE WAY might now be worth an estimated £655,938.

This is based on house price inflation of 72.6%, between December 2010 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 72.6% inflationary increase is applied to the most recent sale price for 24 LAWRENCE WAY of £380,000 on 9th December 2010. For the value to have increased from £380,000 to £655,938 over the fourteen years to December 2024, the following assumptions must hold true:

• The value of 24 LAWRENCE WAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2010 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LAWRENCE WAY has not materially changed since December 2010.

How Large is 24 LAWRENCE WAY?

24 LAWRENCE WAY is 196m² according to the EPC inspection conducted in April 2010. 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 LAWRENCE WAY lies on this distribution: 92% of detached houses houses are smaller than 24 LAWRENCE WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

24 LAWRENCE WAY: Plot and Title Map

24 LAWRENCE WAY sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 24 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 24 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 24 LAWRENCE WAY?

24 LAWRENCE WAY is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 24 on LAWRENCE WAY.