31, TAYLOR WAY, LICHFIELD, WS13 6US - £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

31 TAYLOR WAY is a large detached house of 134m², which could now be worth an estimated £592,892. It was last sold for £550,000 in June 2023, which was around 15% above the average June 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was A.

31 TAYLOR WAY Sold Prices

Land registry data shows two sales for 31 TAYLOR 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 31 TAYLOR 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
2023 27 JUN	£550,000	£477,739	15% above HPI
2020 10 JUL	£480,000	£392,150	22% above HPI

31 TAYLOR 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 31 TAYLOR WAY sales from July 2020 and June 2023 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 2020 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 31 TAYLOR WAY be worth now?

31 TAYLOR WAY might now be worth an estimated £592,892.

This is based on house price inflation of 7.8%, between June 2023 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 7.8% inflationary increase is applied to the most recent sale price for 31 TAYLOR WAY of £550,000 on 27th June 2023. For the value to have increased from £550,000 to £592,892 over the six months to December 2024, the following assumptions must hold true:

• The value of 31 TAYLOR WAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The June 2023 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 31 TAYLOR WAY has not materially changed since June 2023.

How Large is 31 TAYLOR WAY?

31 TAYLOR WAY is 134m² according to the EPC inspection conducted in March 2020. This puts it in the largest 40% 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 31 TAYLOR WAY lies on this distribution: 63% of detached houses houses are smaller than 31 TAYLOR WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

31 TAYLOR WAY: Plot and Title Map

31 TAYLOR WAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 31 TAYLOR 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 31 TAYLOR 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 31 TAYLOR WAY?

31 TAYLOR WAY is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 31 on TAYLOR WAY.