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
2 LONGWOOD LANE is a very large detached house of 269m², built sometime from 2007 onwards. It was last sold for £490,000 in December 2009, which was around 141% above the average December 2009 detached price in the Walsall local authority area. The most recent EPC inspection was April 2009, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 2 LONGWOOD LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 2 LONGWOOD 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 |
---|---|---|---|
2009 11 DEC | £490,000 | £203,234 | 141% above HPI |
2004 13 JAN | £236,000 | £178,301 | 32% above HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 2 LONGWOOD LANE sales from January 2004 and December 2009 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 2004 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2009 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.
2 LONGWOOD LANE is 269m² according to the EPC inspection conducted in April 2009. This puts it in the largest 10% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 2 LONGWOOD LANE lies on this distribution: 95% of detached houses are smaller than 2 LONGWOOD LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Walsall.
2 LONGWOOD LANE sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 2 LONGWOOD 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 LONGWOOD 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.
2 LONGWOOD LANE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 2 on LONGWOOD LANE.