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
108 BRATCH LANE is a very large extended detached house of 150m², built sometime between 1900 and 1929. It was last sold for £525,000 in March 2022, which was around 34% above the average March 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 108 BRATCH 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. Two of the three 108 BRATCH LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2022 17 MAR | £525,000 | £391,140 | 34% above HPI |
2018 20 SEP | £445,000 | £320,155 | 39% above HPI |
2018 10 MAY | £1,500 | £310,641 | 100% 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 108 BRATCH LANE sales between May 2018 and March 2022 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 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2022 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.
108 BRATCH LANE is 150m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 108 BRATCH LANE lies on this distribution: 83% of detached houses are smaller than 108 BRATCH LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Wombourne.
108 BRATCH LANE sits on a plot of roughly 0.277 of an acre, or 1,123m². The below map shows the location of 108 BRATCH 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 108 BRATCH 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.
108 BRATCH LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 108 on BRATCH LANE.