2A, BILLY BUNS LANE, WOMBOURNE, WOLVERHAMPTON, WV5 9BP - £292,500

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.

2A BILLY BUNS LANE is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £404,303. It was last sold for £292,500 in August 2017, which was around 6% below the average August 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

2A BILLY BUNS LANE Sold Prices

Land registry data shows two sales for 2A BILLY BUNS 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 South Staffordshire local authority area for the corresponding sale date. One of the two 2A BILLY BUNS LANE sales was for below the average price, whilst the other was 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
2017 23 AUG	£292,500	£312,039	6% below HPI
2003 17 APR	£210,000	£191,148	10% above HPI

2A BILLY BUNS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 2A BILLY BUNS LANE sales from April 2003 and August 2017 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 April 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2A BILLY BUNS LANE be worth now?

2A BILLY BUNS LANE might now be worth an estimated £404,303.

This is based on house price inflation of 38.2%, between August 2017 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.2% inflationary increase is applied to the most recent sale price for 2A BILLY BUNS LANE of £292,500 on 23rd August 2017. For the value to have increased from £292,500 to £404,303 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 2A BILLY BUNS LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The August 2017 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 2A BILLY BUNS LANE has not materially changed since August 2017.

How Large is 2A BILLY BUNS LANE?

2A BILLY BUNS LANE is 116m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombourne, and where 2A BILLY BUNS LANE lies on this distribution: 56% of detached houses houses are smaller than 2A BILLY BUNS LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

2A BILLY BUNS LANE: Plot and Title Map

2A BILLY BUNS LANE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 2A BILLY BUNS 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 2A BILLY BUNS 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 2A BILLY BUNS LANE?

2A BILLY BUNS LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 2A on BILLY BUNS LANE.