13, MILL LANE, WILLENHALL, WV12 4QH - £320,000

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

13 MILL LANE is a very large extended detached house of 195m², built sometime between 1900 and 1929. It was last sold for £320,000 in January 2017, which was around 31% above the average January 2017 detached price in the Walsall local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

13 MILL LANE Sold Prices

Land registry data shows four sales for 13 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. Most of the four 13 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
2017 23 JAN	£320,000	£243,728	31% above HPI
2012 30 OCT	£215,000	£200,528	7% above HPI
2007 14 DEC	£330,000	£231,792	42% above HPI
1996 29 APR	£65,000	£75,883	14% below HPI

13 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 13 MILL LANE sales between April 1996 and January 2017 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 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2017 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 13 MILL LANE?

13 MILL LANE is 195m², which includes two extensions, according to the EPC inspection conducted in January 2016. 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 13 MILL LANE lies on this distribution: 96% of detached houses are smaller than 13 MILL LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

13 MILL LANE: Plot and Title Map

13 MILL LANE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 13 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 13 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 13 MILL LANE?

13 MILL LANE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 13 on MILL LANE.