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 MEMORY LANE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £159,950 in October 2014, which was around 26% below the average October 2014 detached price in the Walsall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 MEMORY 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 MEMORY 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 |
---|---|---|---|
2014 17 OCT | £159,950 | £217,576 | 26% below HPI |
2006 20 MAR | £129,950 | £209,087 | 38% below 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 MEMORY LANE sales from March 2006 and October 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 March 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
2 MEMORY LANE is 64m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Darlaston, based on EPC data. The below chart shows the distribution of detached houses by size in Darlaston, and where 2 MEMORY LANE lies on this distribution: 4% of detached houses are smaller than 2 MEMORY LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Darlaston.
2 MEMORY LANE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 2 MEMORY 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 MEMORY 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 MEMORY LANE is located in DARLASTON, in the WS10 postcode district. The below map shows the position of No. 2 on MEMORY LANE.