151, BROAD LANE SOUTH, WOLVERHAMPTON, WV11 3SB - £223,000

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

151 BROAD LANE SOUTH is a very small extended detached house of 70m², built sometime between 1930 and 1949. It was last sold for £223,000 in November 2017, which was around 2% below the average November 2017 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

151 BROAD LANE SOUTH Sold Prices

Land registry data shows two sales for 151 BROAD LANE SOUTH 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 151 BROAD LANE SOUTH 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
2017 29 NOV	£223,000	£228,385	2% below HPI
2016 26 SEP	£178,500	£218,789	18% below HPI

151 BROAD LANE SOUTH 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 151 BROAD LANE SOUTH sales from September 2016 and November 2017 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 September 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 151 BROAD LANE SOUTH?

151 BROAD LANE SOUTH is 70m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 151 BROAD LANE SOUTH lies on this distribution: 9% of detached houses are smaller than 151 BROAD LANE SOUTH, and 91% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

151 BROAD LANE SOUTH: Plot and Title Map

151 BROAD LANE SOUTH sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 151 BROAD LANE SOUTH, 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 151 BROAD LANE SOUTH). 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 151 BROAD LANE SOUTH?

151 BROAD LANE SOUTH is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 151 on BROAD LANE SOUTH.