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

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

8 LAWRENCE WAY is a very large detached house of 198m², built sometime between 2003 and 2006, which could now be worth an estimated £681,425. It was last sold for £620,000 in November 2023, which was around 32% above the average November 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

8 LAWRENCE WAY Sold Prices

Land registry data shows four sales for 8 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 8 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
2023 13 NOV	£620,000	£468,573	32% above HPI
2017 18 AUG	£485,000	£368,888	31% above HPI
2014 7 JAN	£380,000	£298,064	27% above HPI
2005 26 MAY	£379,000	£267,090	42% above HPI

8 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 8 LAWRENCE WAY sales between May 2005 and November 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 August 2017 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2023 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 8 LAWRENCE WAY be worth now?

8 LAWRENCE WAY might now be worth an estimated £681,425.

This is based on house price inflation of 9.9%, between November 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 9.9% inflationary increase is applied to the most recent sale price for 8 LAWRENCE WAY of £620,000 on 13th November 2023. For the value to have increased from £620,000 to £681,425 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 8 LAWRENCE WAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The November 2023 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAWRENCE WAY has not materially changed since November 2023.

How Large is 8 LAWRENCE WAY?

8 LAWRENCE WAY is 198m² according to the EPC inspection conducted in November 2022. 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 8 LAWRENCE WAY lies on this distribution: 92% of detached houses houses are smaller than 8 LAWRENCE WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 LAWRENCE WAY: Plot and Title Map

8 LAWRENCE WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 8 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 8 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 8 LAWRENCE WAY?

8 LAWRENCE WAY is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 8 on LAWRENCE WAY.