14, GROTTO LANE, WOLVERHAMPTON, WV6 9LP - £270,000

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

14 GROTTO LANE is a very large detached house of 159m², built sometime between 1967 and 1975. It was last sold for £270,000 in January 2005, which was around 49% above the average January 2005 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

14 GROTTO LANE Sold Prices

Land registry data shows three sales for 14 GROTTO 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 Wolverhampton local authority area for the corresponding sale date. All of the three 14 GROTTO 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
2005 28 JAN	£270,000	£181,763	49% above HPI
1999 8 NOV	£155,000	£83,931	85% above HPI
1995 31 JAN	£100,000	£67,649	48% above HPI

14 GROTTO 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 three 14 GROTTO LANE sales between January 1995 and January 2005 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 1999 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the January 2005 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 14 GROTTO LANE?

14 GROTTO LANE is 159m² according to the EPC inspection conducted in August 2018. 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 14 GROTTO LANE lies on this distribution: 83% of detached houses are smaller than 14 GROTTO LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

14 GROTTO LANE: Plot and Title Map

14 GROTTO LANE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 14 GROTTO 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 14 GROTTO 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 14 GROTTO LANE?

14 GROTTO LANE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 14 on GROTTO LANE.