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
24 MALTHOUSE LANE is a very small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £220,000 in September 2015, which was around 21% below the average September 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 24 MALTHOUSE LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 24 MALTHOUSE 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 |
---|---|---|---|
2015 28 SEP | £220,000 | £280,189 | 21% below HPI |
2008 8 AUG | £225,000 | £264,113 | 15% below HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 24 MALTHOUSE LANE sales from August 2008 and September 2015 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 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
24 MALTHOUSE LANE is 80m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Wheaton Aston, based on EPC data. The below chart shows the distribution of detached houses by size in Wheaton Aston, and where 24 MALTHOUSE LANE lies on this distribution: 15% of detached houses are smaller than 24 MALTHOUSE LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wheaton Aston.
24 MALTHOUSE LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 24 MALTHOUSE 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 24 MALTHOUSE 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.
24 MALTHOUSE LANE is located in WHEATON ASTON, in the ST19 postcode district. The below map shows the position of No. 24 on MALTHOUSE LANE.