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

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

18A WALK LANE is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £315,000 in May 2024, which was around 22% 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	£404,925	22% below HPI
2005 1 JUL	£220,000	£237,983	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 22% below the HPI. The line then continues to track at 22% below the HPI.

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 in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 18A WALK LANE lies on this distribution: 52% of detached 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 0.092 of an acre, or 370m². 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.