Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
105 PLANKS LANE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £236,000 in August 2015, which was around 16% below the average August 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 105 PLANKS LANE since 1st 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. All of the three 105 PLANKS LANE sales were for below 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 |
---|---|---|---|
2015 26 AUG | £236,000 | £280,093 | 16% below HPI |
1999 3 SEP | £95,000 | £110,686 | 14% below HPI |
1997 11 AUG | £42,500 | £97,985 | 57% below HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 105 PLANKS LANE sales between August 1997 and August 2015 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 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
105 PLANKS LANE is 66m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 105 PLANKS LANE lies on this distribution: 6% of detached houses are smaller than 105 PLANKS LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wombourne.
105 PLANKS LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 105 PLANKS 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 105 PLANKS 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.
105 PLANKS LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 105 on PLANKS LANE.