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
103 BROAD LANE is a very large extended detached house of 197m², built sometime between 1930 and 1949. It was last sold for £420,000 in September 2017, which was around 84% above the average September 2017 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 103 BROAD LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 103 BROAD LANE 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 |
---|---|---|---|
2017 22 SEP | £420,000 | £228,627 | 84% above HPI |
1997 26 MAR | £124,000 | £70,490 | 76% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 103 BROAD LANE sales from March 1997 and September 2017 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 1997 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the September 2017 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.
103 BROAD LANE is 197m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 103 BROAD LANE lies on this distribution: 92% of detached houses are smaller than 103 BROAD LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
103 BROAD LANE sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of 103 BROAD LANE, 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 103 BROAD LANE). 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.
103 BROAD LANE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 103 on BROAD LANE.