21, ELLIOTTS LANE, CODSALL, WOLVERHAMPTON, WV8 1PG - £350,000

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

21 ELLIOTTS LANE is a midsized extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £350,000 in May 2023, which was around 15% below the average May 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

21 ELLIOTTS LANE Sold Prices

Land registry data shows four sales for 21 ELLIOTTS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 21 ELLIOTTS 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
2023 24 MAY	£350,000	£410,069	15% below HPI
2014 14 APR	£242,000	£251,314	4% below HPI
2002 27 SEP	£168,000	£172,522	3% below HPI
1997 2 MAY	£70,000	£97,472	28% below HPI

21 ELLIOTTS 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 four 21 ELLIOTTS LANE sales between May 1997 and May 2023 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 April 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 21 ELLIOTTS LANE?

21 ELLIOTTS LANE is 110m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of detached houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall, and where 21 ELLIOTTS LANE lies on this distribution: 41% of detached houses are smaller than 21 ELLIOTTS LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Codsall.

21 ELLIOTTS LANE: Plot and Title Map

21 ELLIOTTS LANE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 21 ELLIOTTS 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 21 ELLIOTTS 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 21 ELLIOTTS LANE?

21 ELLIOTTS LANE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 21 on ELLIOTTS LANE.