15, NEWHOUSE LANE, ALBRIGHTON, WOLVERHAMPTON, WV7 3DB - £470,000

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

15 NEWHOUSE LANE is a very large extended detached house of 152m², built sometime before 1900. It was last sold for £470,000 in February 2019, which was around 51% above the average February 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was F, and the potential energy rating was D.

15 NEWHOUSE LANE Sold Prices

Land registry data shows two sales for 15 NEWHOUSE 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 Shropshire local authority area for the corresponding sale date. Both of the two 15 NEWHOUSE 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
2019 15 FEB	£470,000	£311,273	51% above HPI
1995 26 MAY	£192,500	£82,565	133% above HPI

15 NEWHOUSE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 15 NEWHOUSE LANE sales from May 1995 and February 2019 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 May 1995 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the February 2019 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 15 NEWHOUSE LANE?

15 NEWHOUSE LANE is 152m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 20% of detached houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses by size in Albrighton, and where 15 NEWHOUSE LANE lies on this distribution: 80% of detached houses are smaller than 15 NEWHOUSE LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

15 NEWHOUSE LANE: Plot and Title Map

15 NEWHOUSE LANE sits on a plot of roughly 0.392 of an acre, or 1,588m². The below map shows the location of 15 NEWHOUSE 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 NEWHOUSE 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 NEWHOUSE LANE?

15 NEWHOUSE LANE is located in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of No. 15 on NEWHOUSE LANE.