2, BRICKBRIDGE LANE, WOMBOURNE, WOLVERHAMPTON, WV5 0AZ - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 BRICKBRIDGE LANE is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £315,000 in July 2022, which was around 21% below the average July 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 BRICKBRIDGE LANE Sold Prices

Land registry data shows two sales for 2 BRICKBRIDGE 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 2 BRICKBRIDGE 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
2022 15 JUL	£315,000	£398,481	21% below HPI
1996 14 JUN	£65,950	£91,320	28% below HPI

2 BRICKBRIDGE 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 2 BRICKBRIDGE LANE sales from June 1996 and July 2022 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 June 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 BRICKBRIDGE LANE?

2 BRICKBRIDGE LANE is 81m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 2 BRICKBRIDGE LANE lies on this distribution: 16% of detached houses are smaller than 2 BRICKBRIDGE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

2 BRICKBRIDGE LANE: Plot and Title Map

2 BRICKBRIDGE LANE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 2 BRICKBRIDGE 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 2 BRICKBRIDGE 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 2 BRICKBRIDGE LANE?

2 BRICKBRIDGE LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 2 on BRICKBRIDGE LANE.