248, BEACON STREET, LICHFIELD, WS13 7BH - £384,000

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.

248 BEACON STREET is a small extended semi-detached house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £445,487. It was last sold for £384,000 in December 2021, which was around 46% above the average December 2021 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was C.

248 BEACON STREET Sold Prices

Land registry data shows four sales for 248 BEACON STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lichfield local authority area for the corresponding sale date. All of the four 248 BEACON STREET 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
2021 20 DEC	£384,000	£262,804	46% above HPI
2015 5 AUG	£270,000	£196,449	37% above HPI
2007 1 AUG	£248,000	£181,420	37% above HPI
2004 7 SEP	£197,000	£157,418	25% above HPI

248 BEACON STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 248 BEACON STREET sales between September 2004 and December 2021 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 2015 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 248 BEACON STREET be worth now?

248 BEACON STREET might now be worth an estimated £445,487.

This is based on house price inflation of 16%, between December 2021 and February 2025, for semi-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 16% inflationary increase is applied to the most recent sale price for 248 BEACON STREET of £384,000 on 20th December 2021. For the value to have increased from £384,000 to £445,487 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 248 BEACON STREET has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The December 2021 sale price of £384,000 represented a fair market value for the property.
• The size, condition, and specification of 248 BEACON STREET has not materially changed since December 2021.

How Large is 248 BEACON STREET?

248 BEACON STREET is 106m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of semi-detached houses houses in Lichfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lichfield, and where 248 BEACON STREET lies on this distribution: 37% of semi-detached houses houses are smaller than 248 BEACON STREET, and 63% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

248 BEACON STREET: Plot and Title Map

248 BEACON STREET sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 248 BEACON STREET, 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 248 BEACON STREET). 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 248 BEACON STREET?

248 BEACON STREET is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 248 on BEACON STREET.