203, PARK LANE, WOLVERHAMPTON, WV10 9QJ - £70,000

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

203 PARK LANE is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £70,000 in October 2003, which was around 56% below the average October 2003 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

203 PARK LANE Sold Prices

Land registry data shows three sales for 203 PARK 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 Wolverhampton local authority area for the corresponding sale date. All of the three 203 PARK 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
2003 24 OCT	£70,000	£158,074	56% below HPI
1996 12 JUL	£39,950	£67,134	40% below HPI
1996 19 APR	£46,950	£67,874	31% below HPI

203 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 203 PARK LANE sales between April 1996 and October 2003 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 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2003 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 203 PARK LANE?

203 PARK LANE is 89m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 203 PARK LANE lies on this distribution: 28% of detached houses are smaller than 203 PARK LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

203 PARK LANE: Plot and Title Map

203 PARK LANE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 203 PARK 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 203 PARK 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 203 PARK LANE?

203 PARK LANE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 203 on PARK LANE.