22, BROAD LANE, WALSALL, WS3 2TG - £325,000

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

22 BROAD LANE is a large extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £325,000 in June 2023, which was around 6% below the average June 2023 detached price in the Walsall local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

22 BROAD LANE Sold Prices

Land registry data shows two sales for 22 BROAD 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 Walsall local authority area for the corresponding sale date. Both of the two 22 BROAD 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 9 JUN	£325,000	£346,106	6% below HPI
2009 18 MAR	£150,000	£198,827	25% below HPI

22 BROAD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 22 BROAD LANE sales from March 2009 and June 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 March 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 22 BROAD LANE?

22 BROAD LANE is 112m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses in Bloxwich, based on EPC data. The below chart shows the distribution of detached houses by size in Bloxwich, and where 22 BROAD LANE lies on this distribution: 62% of detached houses are smaller than 22 BROAD LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.

22 BROAD LANE: Plot and Title Map

22 BROAD LANE sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 22 BROAD 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 22 BROAD 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 22 BROAD LANE?

22 BROAD LANE is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 22 on BROAD LANE.