15, GROTTO LANE, WOLVERHAMPTON, WV6 9LP - £230,000

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

15 GROTTO LANE is a very large extended detached house of 185m², built sometime between 1967 and 1975. It was last sold for £230,000 in August 2013, which was around 22% above the average August 2013 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

15 GROTTO LANE Sold Prices

Land registry data shows two sales for 15 GROTTO 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 15 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
2013 23 AUG	£230,000	£188,249	22% above HPI
2003 18 MAR	£220,000	£141,434	56% above HPI

15 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 two 15 GROTTO LANE sales from March 2003 and August 2013 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 March 2003 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2013 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 15 GROTTO LANE?

15 GROTTO LANE is 185m², which includes one extension, according to the EPC inspection conducted in March 2021. 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 15 GROTTO LANE lies on this distribution: 89% of detached houses are smaller than 15 GROTTO LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

15 GROTTO LANE: Plot and Title Map

15 GROTTO LANE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 15 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 15 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 15 GROTTO LANE?

15 GROTTO LANE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 15 on GROTTO LANE.