11, MILL LANE, WILLENHALL, WV12 4QH - £395,000

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

11 MILL LANE is a very large extended detached house of 176m², built sometime between 1930 and 1949. It was last sold for £395,000 in June 2021, which was around 30% above the average June 2021 detached price in the Walsall local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was D.

11 MILL LANE Sold Prices

Land registry data shows four sales for 11 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the four 11 MILL 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
2021 25 JUN	£395,000	£304,319	30% above HPI
2006 3 NOV	£265,000	£218,512	21% above HPI
2002 1 FEB	£135,000	£122,259	10% above HPI
1995 26 JUN	£80,000	£75,634	6% above HPI

11 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The four 11 MILL LANE sales between June 1995 and June 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 November 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 11 MILL LANE?

11 MILL LANE is 176m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 11 MILL LANE lies on this distribution: 95% of detached houses are smaller than 11 MILL LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

11 MILL LANE: Plot and Title Map

11 MILL LANE sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of 11 MILL 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 11 MILL 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.

Where is 11 MILL LANE?

11 MILL LANE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 11 on MILL LANE.