221A, PARK LANE, WOLVERHAMPTON, WV10 9QN - £250,000

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

221A PARK LANE is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £250,000 in March 2019, which was around 3% above the average March 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

221A PARK LANE Sold Prices

Land registry data shows two sales for 221A PARK 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 Wolverhampton local authority area for the corresponding sale date. One of the two 221A PARK LANE sales was for above the average price, whilst the other was 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
2019 29 MAR	£250,000	£243,365	3% above HPI
2011 11 NOV	£145,000	£184,363	21% below HPI

221A 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 two 221A PARK LANE sales from November 2011 and March 2019 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 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 221A PARK LANE?

221A PARK LANE is 110m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 221A PARK LANE lies on this distribution: 53% of detached houses are smaller than 221A PARK LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

221A PARK LANE: Plot and Title Map

221A PARK LANE sits on a plot of roughly 0.213 of an acre, or 861m². The below map shows the location of 221A 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 221A 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 221A PARK LANE?

221A PARK LANE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 221A on PARK LANE.