2, MORGAN MEWS, STREETHAY, LICHFIELD, WS13 8WN - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MORGAN MEWS is a very small detached house of 87m², which could now be worth an estimated £378,500. It was last sold for £350,000 in September 2023, which was around 26% below the average September 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was A.

2 MORGAN MEWS Sold Prices

Land registry data shows two sales for 2 MORGAN MEWS 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 2 MORGAN MEWS sales were for below 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 29 SEP	£350,000	£470,813	26% below HPI
2020 23 NOV	£298,000	£412,868	28% below HPI

2 MORGAN MEWS 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 2 MORGAN MEWS sales from November 2020 and September 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 November 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 MORGAN MEWS be worth now?

2 MORGAN MEWS might now be worth an estimated £378,500.

This is based on house price inflation of 8.1%, between September 2023 and February 2025, 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 8.1% inflationary increase is applied to the most recent sale price for 2 MORGAN MEWS of £350,000 on 29th September 2023. For the value to have increased from £350,000 to £378,500 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 MORGAN MEWS has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MORGAN MEWS has not materially changed since September 2023.

How Large is 2 MORGAN MEWS?

2 MORGAN MEWS is 87m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Streethay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Streethay, and where 2 MORGAN MEWS lies on this distribution: 2% of detached houses houses are smaller than 2 MORGAN MEWS, and 90% of houses are larger. Note that EPC data is not available for all properties in Streethay.

2 MORGAN MEWS: Plot and Title Map

2 MORGAN MEWS sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 MORGAN MEWS, 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 2 MORGAN MEWS). 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 2 MORGAN MEWS?

2 MORGAN MEWS is located in STREETHAY, in the WS13 postcode district. The below map shows the position of No. 2 on MORGAN MEWS.