14, ORMES LANE, WOLVERHAMPTON, WV6 8LL - £395,000

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 ORMES LANE is a very large extended detached house of 184m², built sometime before 1900. It was last sold for £395,000 in November 2015, which was around 98% above the average November 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

14 ORMES LANE Sold Prices

Land registry data shows two sales for 14 ORMES 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. Both of the two 14 ORMES 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
2015 20 NOV	£395,000	£199,926	98% above HPI
2009 6 OCT	£429,950	£189,047	127% above HPI

14 ORMES 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 14 ORMES LANE sales from October 2009 and November 2015 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 2009 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the November 2015 sale, where it falls to 98% above the HPI. The line then continues to track at 98% above the HPI.

How Large is 14 ORMES LANE?

14 ORMES LANE is 184m², which includes two extensions, according to the EPC inspection conducted in July 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 14 ORMES LANE lies on this distribution: 89% of detached houses are smaller than 14 ORMES LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

14 ORMES LANE: Plot and Title Map

14 ORMES LANE sits on a plot of roughly 0.284 of an acre, or 1,150m². The below map shows the location of 14 ORMES 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 ORMES 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 ORMES LANE?

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