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

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

BEACON VIEW is a midsized extended detached house of 108m², built sometime before 1900. 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	£246,622	9% below HPI
2005 18 MAR	£250,000	£236,803	6% above HPI
2003 15 MAY	£156,500	£198,934	21% 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 6% above the HPI. So the extrapolation line tracks at 6% 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.

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 in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where BEACON VIEW lies on this distribution: 51% of detached 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.