8, NETHER BEACON, LICHFIELD, WS13 7AT - £850,000

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

8 NETHER BEACON is a very large extended detached house of 230m², built sometime between 1950 and 1966. It was last sold for £850,000 in September 2014, which was around 171% above the average September 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

8 NETHER BEACON Sold Prices

Land registry data shows two sales for 8 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 8 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
2014 15 SEP	£850,000	£313,523	171% above HPI
1997 8 DEC	£295,000	£108,686	171% above HPI

8 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 8 NETHER BEACON sales from December 1997 and September 2014 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 1997 sale was for 171% above the HPI. So the extrapolation line tracks at 171% above the HPI over time, until the September 2014 sale, which was also at 171% above the HPI.

How Large is 8 NETHER BEACON?

8 NETHER BEACON is 230m², which includes three extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 8 NETHER BEACON lies on this distribution: 96% of detached houses are smaller than 8 NETHER BEACON, and 4% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

8 NETHER BEACON: Plot and Title Map

8 NETHER BEACON sits on a plot of roughly 0.385 of an acre, or 1,557m². The below map shows the location of 8 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 8 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 8 NETHER BEACON?

8 NETHER BEACON is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 8 on NETHER BEACON.