The Blues needed to avoid defeat against Liverpool on Wednesday night, to clinch England’s third slot for Europe’s elite club competition.
But they were beaten 5-3 at Anfield, as the champions turned on the style before their official coronation.
Chelsea now need to pick up at least a point against Wolves in their last league fixture on Sunday, to qualify for next season’s Champions League.
“I suppose since restart and knowing how tight it is, it was a feeling it could go this far, I felt we could get over the line tonight.
“I don’t think everything is on Sunday with the whole judgement of where we are, but I think top-four would be a huge bonus,” Lampard told Sky Sports after the game.