1, LILAC GROVE, WEDNESBURY, WS10 0BW - £238,000

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.

1 LILAC GROVE is a midsized detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £268,549. It was last sold for £238,000 in September 2021, which was around 15% below the average September 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

1 LILAC GROVE Sold Prices

Land registry data shows three sales for 1 LILAC GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. The three 1 LILAC GROVE sales were a mix of below the average price, and roughly equal to 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 SEP	£238,000	£280,099	15% below HPI
2018 14 SEP	£200,000	£233,535	14% below HPI
1998 18 FEB	£68,000	£68,226	Close to HPI

1 LILAC GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 1 LILAC GROVE sales between February 1998 and September 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 September 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 LILAC GROVE be worth now?

1 LILAC GROVE might now be worth an estimated £268,549.

This is based on house price inflation of 12.8%, between September 2021 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.8% inflationary increase is applied to the most recent sale price for 1 LILAC GROVE of £238,000 on 20th September 2021. For the value to have increased from £238,000 to £268,549 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 LILAC GROVE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The September 2021 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LILAC GROVE has not materially changed since September 2021.

How Large is 1 LILAC GROVE?

1 LILAC GROVE is 95m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wednesbury, and where 1 LILAC GROVE lies on this distribution: 47% of detached houses houses are smaller than 1 LILAC GROVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

1 LILAC GROVE: Plot and Title Map

1 LILAC GROVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 1 LILAC GROVE, 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 1 LILAC GROVE). 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 1 LILAC GROVE?

1 LILAC GROVE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 1 on LILAC GROVE.