1B, FRIEZLAND LANE, WALSALL, WS8 7AA - £210,000

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

1B FRIEZLAND LANE is a very small extended detached house of 61m², built sometime between 1950 and 1966. It was last sold for £210,000 in October 2017, which was around 20% below the average October 2017 detached price in the Walsall local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

1B FRIEZLAND LANE Sold Prices

Land registry data shows three sales for 1B FRIEZLAND LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 1B FRIEZLAND 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
2017 31 OCT	£210,000	£262,355	20% below HPI
2015 10 JUL	£181,000	£216,737	16% below HPI
2013 15 OCT	£130,000	£208,280	38% below HPI

1B FRIEZLAND 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 three 1B FRIEZLAND LANE sales between October 2013 and October 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 July 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1B FRIEZLAND LANE?

1B FRIEZLAND LANE is 61m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Brownhills, based on EPC data. The below chart shows the distribution of detached houses by size in Brownhills, and where 1B FRIEZLAND LANE lies on this distribution: 2% of detached houses are smaller than 1B FRIEZLAND LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Brownhills.

1B FRIEZLAND LANE: Plot and Title Map

1B FRIEZLAND LANE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 1B FRIEZLAND 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 1B FRIEZLAND 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 1B FRIEZLAND LANE?

1B FRIEZLAND LANE is located in WALSALL, in the WS8 postcode district. The below map shows the position of No. 1B on FRIEZLAND LANE.