3, NETHER BEACON, LICHFIELD, WS13 7AT - £650,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 NETHER BEACON is a small extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £650,000 in May 2021, which was around 60% above the average May 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

3 NETHER BEACON Sold Prices

Land registry data shows two sales for 3 NETHER BEACON 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 3 NETHER BEACON 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 28 MAY	£650,000	£407,390	60% above HPI
2006 14 DEC	£450,000	£282,681	59% above HPI

3 NETHER BEACON 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 3 NETHER BEACON sales from December 2006 and May 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 December 2006 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the May 2021 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 3 NETHER BEACON?

3 NETHER BEACON is 105m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 3 NETHER BEACON lies on this distribution: 36% of detached houses are smaller than 3 NETHER BEACON, and 63% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

3 NETHER BEACON: Plot and Title Map

3 NETHER BEACON sits on a plot of roughly 0.189 of an acre, or 767m². The below map shows the location of 3 NETHER BEACON, 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 3 NETHER BEACON). 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 3 NETHER BEACON?

3 NETHER BEACON is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 3 on NETHER BEACON.