24, WOOD LANE, SUTTON COLDFIELD, B74 3LR - £327,000

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

24 WOOD LANE is a small extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £327,000 in May 2020, which was around 20% above the average May 2020 detached price in the Walsall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

24 WOOD LANE Sold Prices

Land registry data shows four sales for 24 WOOD LANE since 1^st 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 24 WOOD LANE sales were for above 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
2020 29 MAY	£327,000	£272,444	20% above HPI
2010 16 AUG	£248,000	£208,846	19% above HPI
2004 6 AUG	£225,000	£194,440	16% above HPI
1997 3 OCT	£102,500	£83,390	23% above HPI

24 WOOD 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 four 24 WOOD LANE sales between October 1997 and May 2020 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 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 24 WOOD LANE?

24 WOOD LANE is 107m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Streetly, based on EPC data. The below chart shows the distribution of detached houses by size in Streetly, and where 24 WOOD LANE lies on this distribution: 30% of detached houses are smaller than 24 WOOD LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Streetly.

24 WOOD LANE: Plot and Title Map

24 WOOD LANE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 24 WOOD 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 WOOD 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 24 WOOD LANE?

24 WOOD LANE is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 24 on WOOD LANE.