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
19 GROTTO LANE is a midsized detached house of 113m², built sometime between 1967 and 1975. It was last sold for £230,000 in May 2014, which was around 24% above the average May 2014 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 19 GROTTO LANE since 1st 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 19 GROTTO 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 |
---|---|---|---|
2014 30 MAY | £230,000 | £185,634 | 24% above HPI |
1997 10 JAN | £90,000 | £70,168 | 28% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 19 GROTTO LANE sales from January 1997 and May 2014 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 January 1997 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2014 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.
19 GROTTO LANE is 113m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 19 GROTTO LANE lies on this distribution: 56% of detached houses are smaller than 19 GROTTO LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
19 GROTTO LANE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 19 GROTTO 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 19 GROTTO 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.
19 GROTTO LANE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 19 on GROTTO LANE.