12, WOOD LANE, PELSALL, WALSALL, WS3 5DY - £220,000

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

12 WOOD LANE is a midsized extended detached house of 102m², built sometime between 2003 and 2006. It was last sold for £220,000 in October 2018, which was around 18% below the average October 2018 detached price in the Walsall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

12 WOOD LANE Sold Prices

Land registry data shows three sales for 12 WOOD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. The three 12 WOOD LANE sales were a mix of below the average price, and roughly equal to 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
2018 19 OCT	£220,000	£268,358	18% below HPI
2002 3 OCT	£129,000	£140,022	8% below HPI
2000 30 JUN	£99,000	£99,087	Close to HPI

12 WOOD 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 three 12 WOOD LANE sales between June 2000 and October 2018 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 October 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 WOOD LANE?

12 WOOD LANE is 102m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses in Pelsall, based on EPC data. The below chart shows the distribution of detached houses by size in Pelsall, and where 12 WOOD LANE lies on this distribution: 43% of detached houses are smaller than 12 WOOD LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Pelsall.

12 WOOD LANE: Plot and Title Map

12 WOOD LANE sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 12 WOOD 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 12 WOOD 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 12 WOOD LANE?

12 WOOD LANE is located in PELSALL, in the WS3 postcode district. The below map shows the position of No. 12 on WOOD LANE.