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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

221A PARK LANE is a midsized extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £351,874. It was last sold for £250,000 in March 2019, which was around 5% 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	£237,012	5% above HPI
2011 11 NOV	£145,000	£179,550	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 221A PARK LANE be worth now?

221A PARK LANE might now be worth an estimated £351,874.

This is based on house price inflation of 40.7%, between March 2019 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.7% inflationary increase is applied to the most recent sale price for 221A PARK LANE of £250,000 on 29th March 2019. For the value to have increased from £250,000 to £351,874 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 221A PARK LANE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The March 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 221A PARK LANE has not materially changed since March 2019.

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 houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 221A PARK LANE lies on this distribution: 53% of detached houses 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.