BEACON VIEW, PENN COMMON, WOLVERHAMPTON, WV4 5LB - £225,000

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.

BEACON VIEW is a midsized extended detached house of 108m², built sometime before 1900, which could now be worth an estimated £396,153. It was last sold for £225,000 in July 2009, which was around 9% below the average July 2009 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was E.

BEACON VIEW Sold Prices

Land registry data shows three sales for BEACON VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Two of the three BEACON VIEW sales were for below the average price, whilst one was 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
2009 10 JUL	£225,000	£248,029	9% below HPI
2005 18 MAR	£250,000	£238,154	5% above HPI
2003 15 MAY	£156,500	£200,069	22% below HPI

BEACON VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three BEACON VIEW sales between May 2003 and July 2009 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 March 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2009 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might BEACON VIEW be worth now?

BEACON VIEW might now be worth an estimated £396,153.

This is based on house price inflation of 76.1%, between July 2009 and June 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.1% inflationary increase is applied to the most recent sale price for BEACON VIEW of £225,000 on 10th July 2009. For the value to have increased from £225,000 to £396,153 over the sixteen years and one month to June 2025, the following assumptions must hold true:

• The value of BEACON VIEW has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The July 2009 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of BEACON VIEW has not materially changed since July 2009.

How Large is BEACON VIEW?

BEACON VIEW is 108m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 50% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where BEACON VIEW lies on this distribution: 51% of detached houses houses are smaller than BEACON VIEW, and 49% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

BEACON VIEW: Plot and Title Map

BEACON VIEW sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of BEACON VIEW, 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 BEACON VIEW). 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 BEACON VIEW?

BEACON VIEW is located on PENN COMMON in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of BEACON VIEW on PENN COMMON.