15, WATERY LANE, WILLENHALL, WV13 3BS - £110,000

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 WATERY LANE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £110,000 in August 2015, which was around 49% below the average August 2015 detached price in the Walsall local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

15 WATERY LANE Sold Prices

Land registry data shows two sales for 15 WATERY 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 Walsall local authority area for the corresponding sale date. Both of the two 15 WATERY LANE sales were for below 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 21 AUG	£110,000	£216,462	49% below HPI
1995 15 JUN	£58,000	£75,634	23% below HPI

15 WATERY 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 two 15 WATERY LANE sales from June 1995 and August 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 June 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2015 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 15 WATERY LANE?

15 WATERY LANE is 66m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 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 15 WATERY LANE lies on this distribution: 7% of detached houses are smaller than 15 WATERY LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

15 WATERY LANE: Plot and Title Map

15 WATERY LANE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 15 WATERY 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 WATERY 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 WATERY LANE?

15 WATERY LANE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 15 on WATERY LANE.