2, SLATE LANE, CODSALL, WOLVERHAMPTON, WV8 1DR - £230,000

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

2 SLATE LANE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £230,000 in January 2014, which was around 8% below the average January 2014 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

2 SLATE LANE Sold Prices

Land registry data shows two sales for 2 SLATE 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 SLATE 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 24 JAN	£230,000	£248,995	8% below HPI
2001 9 NOV	£137,000	£140,880	3% below HPI

2 SLATE 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 SLATE LANE sales from November 2001 and January 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 November 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 SLATE LANE?

2 SLATE LANE is 63m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall, and where 2 SLATE LANE lies on this distribution: 4% of detached houses are smaller than 2 SLATE LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Codsall.

2 SLATE LANE: Plot and Title Map

2 SLATE LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 2 SLATE 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 SLATE 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 SLATE LANE?

2 SLATE LANE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 2 on SLATE LANE.