111, NEACHELLS LANE, WOLVERHAMPTON, WV11 3PP - £110,000

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 NEACHELLS LANE is a small extended detached house of 93m², built sometime between 1900 and 1929. It was last sold for £110,000 in February 2019, which was around 55% below the average February 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was C.

111 NEACHELLS LANE Sold Prices

Land registry data shows five sales for 111 NEACHELLS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the five 111 NEACHELLS 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
2019 28 FEB	£110,000	£244,344	55% below HPI
2014 7 APR	£79,500	£187,310	58% below HPI
2007 1 JUN	£90,000	£203,688	56% below HPI
2001 19 OCT	£20,500	£104,332	80% below HPI
1997 24 NOV	£20,000	£74,951	73% below HPI

111 NEACHELLS 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 five 111 NEACHELLS LANE sales between November 1997 and February 2019 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 2014 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the February 2019 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 111 NEACHELLS LANE?

111 NEACHELLS LANE is 93m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 40% 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 NEACHELLS LANE lies on this distribution: 33% of detached houses are smaller than 111 NEACHELLS LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

111 NEACHELLS LANE: Plot and Title Map

111 NEACHELLS LANE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 111 NEACHELLS 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 NEACHELLS 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 NEACHELLS LANE?

111 NEACHELLS LANE is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 111 on NEACHELLS LANE.