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
22 BROOK LANE is a very small extended detached house of 82m², built sometime between 2003 and 2006. It was last sold for £195,000 in January 2018, which was around 24% below the average January 2018 detached price in the Walsall local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 22 BROOK LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the four 22 BROOK 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 |
---|---|---|---|
2018 5 JAN | £195,000 | £257,385 | 24% below HPI |
2007 29 AUG | £176,950 | £224,711 | 21% below HPI |
2006 3 NOV | £170,000 | £218,512 | 22% below HPI |
2003 27 JUN | £143,950 | £156,106 | 8% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The four 22 BROOK LANE sales between June 2003 and January 2018 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 August 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
22 BROOK LANE is 82m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% of detached houses in Brownhills, based on EPC data. The below chart shows the distribution of detached houses by size in Brownhills, and where 22 BROOK LANE lies on this distribution: 17% of detached houses are smaller than 22 BROOK LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Brownhills.
22 BROOK LANE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 22 BROOK 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 BROOK 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.
22 BROOK LANE is located in WALSALL WOOD, in the WS9 postcode district. The below map shows the position of No. 22 on BROOK LANE.