111, BROAD LANE, WOLVERHAMPTON, WV3 9BW - £151,000

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

111 BROAD LANE is a very large extended detached house of 166m², built sometime between 1930 and 1949. It was last sold for £151,000 in July 2001, which was around 52% above the average July 2001 detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

111 BROAD LANE Sold Prices

Land registry data shows two sales for 111 BROAD LANE since 1^st 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. One of the two 111 BROAD LANE sales was for above the average price, whilst the other 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
2001 4 JUL	£151,000	£99,244	52% above HPI
1999 27 APR	£70,000	£75,612	7% below HPI

111 BROAD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 111 BROAD LANE sales from April 1999 and July 2001 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 April 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2001 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 111 BROAD LANE?

111 BROAD LANE is 166m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 111 BROAD LANE lies on this distribution: 85% of detached houses are smaller than 111 BROAD LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

111 BROAD LANE: Plot and Title Map

111 BROAD LANE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 111 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 111 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.

Where is 111 BROAD LANE?

111 BROAD LANE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 111 on BROAD LANE.