18A, WALK LANE, WOMBOURNE, WOLVERHAMPTON, WV5 9HL - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18A WALK LANE is a midsized extended detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £340,107. It was last sold for £315,000 in May 2024, which was around 21% below the average May 2024 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

18A WALK LANE Sold Prices

Land registry data shows two sales for 18A WALK 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 South Staffordshire local authority area for the corresponding sale date. Both of the two 18A WALK 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
2024 23 MAY	£315,000	£399,470	21% below HPI
2005 1 JUL	£220,000	£239,340	8% below HPI

18A WALK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 18A WALK LANE sales from July 2005 and May 2024 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 July 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 18A WALK LANE be worth now?

18A WALK LANE might now be worth an estimated £340,107.

This is based on house price inflation of 8%, between May 2024 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8% inflationary increase is applied to the most recent sale price for 18A WALK LANE of £315,000 on 23rd May 2024. For the value to have increased from £315,000 to £340,107 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 18A WALK LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The May 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 18A WALK LANE has not materially changed since May 2024.

How Large is 18A WALK LANE?

18A WALK LANE is 112m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 50% of detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombourne, and where 18A WALK LANE lies on this distribution: 52% of detached houses houses are smaller than 18A WALK LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

18A WALK LANE: Plot and Title Map

18A WALK LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 18A WALK 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 18A WALK 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 18A WALK LANE?

18A WALK LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 18A on WALK LANE.