Lichfield House Prices Lichfield House Prices

The average house price in Lichfield is £352,557 using HM Land Registry data.

The average property price increased by £79,374 (28.28%) over the last 5 years and increased by £15,868 (4.61%) over the last 12 months.

Over the last year, there were 441 residential property sales – a decrease of 233 transactions (-52.83%) relative to the previous year. The majority of house sales (120) were in the £228,000 - £306,000 range. Then came properties in the £306,000 - £384,000 range, where 77 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,157 (-2%).

In Oct 24, there were 88 new estate agency instructions, 73 agreed home sales and 47 property price reductions.

5-Year Average Property Prices in Lichfield

28.28%

Property prices in Lichfield increased by 28.28% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Lichfield Over the Last Year

4.61%

Property prices in Lichfield increased by 4.61% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Lichfield - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Lichfield

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Lichfield

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Lichfield

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Lichfield since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Lichfield area since 1995.

Recent Property Sales in Lichfield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Maryvale Court, Lichfield, Staffordshire, WS14 9HZ£230,000£226,250-£3,75010 Nov 202321 Aug 2024285 Days
35 Hartslade, Lichfield, Staffordshire, WS14 9RH£500,000£495,000-£5,00027 Mar 202415 Aug 2024141 Days
4 St Annes Road, Lichfield, Staffordshire, WS13 7RE£270,000£270,000£0002 Apr 202409 Aug 2024129 Days
Flat 7, Marlborough Court, St John Street, Lichfield, Staffordshire, WS13 6NT£210,000£205,000-£5,00023 Feb 202431 Jul 2024159 Days
110 Haymoor, Lichfield, Staffordshire, WS14 9SX£369,950£360,000-£9,95029 May 202429 Jul 202461 Days
29 Maxtock Avenue, Lichfield, Staffordshire, WS13 6PE£335,000£330,000-£5,00013 Feb 202426 Jul 2024164 Days
50 Chesterfield Road, Lichfield, Staffordshire, WS13 6QW£305,000£302,500-£2,50003 May 202426 Jul 202484 Days
38 Rotten Row, Lichfield, Staffordshire, WS13 6JB£300,000£290,000-£10,00016 Mar 202424 Jul 2024130 Days
Flat 29, Sarah Siddons House, Wade Street, Lichfield, Staffordshire, WS13 6HL£65,000£60,000-£5,00008 Feb 202423 Jul 2024166 Days
100 Dimbles Lane, Lichfield, Staffordshire, WS13 7JJ£180,000£180,000£0002 Feb 202418 Jul 2024167 Days
27 Stowe Croft, Lichfield, Staffordshire, WS13 6TW£325,000£280,000-£45,00007 Nov 202318 Jul 2024254 Days
9 Auchinleck Drive, Lichfield, Staffordshire, WS13 6TL£515,000£490,000-£25,00025 Aug 202315 Jul 2024325 Days
Flat 27, Sarah Siddons House, Wade Street, Lichfield, Staffordshire, WS13 6HL£75,000£69,000-£6,00025 Mar 202409 Jul 2024106 Days
Flat 21, Sarah Siddons House, Wade Street, Lichfield, Staffordshire, WS13 6HL£100,000£96,500-£3,50016 Oct 202305 Jul 2024263 Days
2 Thropp Close, Lichfield, Staffordshire, WS13 8FP£415,000£410,000-£5,00026 Jan 202405 Jul 2024161 Days
8a, Meadowbrook Road, Lichfield, Staffordshire, WS13 7RW£240,000£237,000-£3,00027 Feb 202401 Jul 2024125 Days
12 Swallow Croft, Lichfield, Staffordshire, WS13 7HE£450,000£435,000-£15,00026 Feb 202401 Jul 2024126 Days
44 Blackberry Avenue, Lichfield, Staffordshire, WS14 9GS£165,000£163,000-£2,00022 Sep 202301 Jul 2024283 Days
10 Blakeman Way, Lichfield, Staffordshire, WS13 8FH£750,000£750,000£0020 Feb 202427 Jun 2024128 Days
70 Chapel Lane, Lichfield, Staffordshire, WS14 9BQ£250,000£235,000-£15,00022 Feb 202427 Jun 2024126 Days

Most Expensive Streets in Lichfield

PostcodeStreetAreaAverageNo. of Sales
WS14 9BPShortbutts CloseLichfield£890,0003
WS13 7ATNether BeaconLichfield£844,0005
WS13 7LNBulldog LaneLichfield£833,1254
WS14 9EJLondon RoadLichfield£825,0004
WS13 7LTGaiafields RoadLichfield£808,2857
WS13 6TLAuchinleck DriveLichfield£755,3336
WS13 7LWGaia LaneLichfield£718,3238
WS14 9DFBorrowcop LaneLichfield£705,22711
WS13 7LRGaia LaneLichfield£692,3686
WS14 9HNWentworth DriveLichfield£691,5009

Least Expensive Streets in Lichfield

PostcodeStreetAreaAverageNo. of Sales
WS14 0GLWaterloo HouseWaterloo Croft£73,4333
WS13 6TZMercian CourtMaxwell Close£77,3005
WS14 9XHBloomsbury WayLichfield£89,7857
WS13 6XDHomelodge HouseCastle Dyke£90,67326
WS13 6TAShenstone HouseHobs Road£91,3839
WS13 6TBWhittington HouseHobs Road£95,02510
WS13 6TDArmitage HouseHobs Road£98,77211
WS14 9UJMaybank CloseLichfield£101,4166
WS13 6HLWade StreetLichfield£102,20017
WS13 6SYRidware HouseHobs Road£103,5004

Explore Lichfield and Neighbouring Area House Prices