3, LANDYWOOD LANE, GREAT WYRLEY, WALSALL, WS6 6JX - £340,000

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.

3 LANDYWOOD LANE is a small detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £361,269. It was last sold for £340,000 in August 2022, which was around 16% below the average August 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

3 LANDYWOOD LANE Sold Prices

Land registry data shows five sales for 3 LANDYWOOD LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the five 3 LANDYWOOD 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
2022 15 AUG	£340,000	£405,917	16% below HPI
2020 19 JUN	£220,000	£344,521	36% below HPI
2015 22 JUN	£142,000	£272,773	48% below HPI
2000 2 JUN	£82,500	£129,539	36% below HPI
1999 23 AUG	£44,000	£111,618	61% below HPI

3 LANDYWOOD 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 five 3 LANDYWOOD LANE sales between August 1999 and August 2022 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 June 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 LANDYWOOD LANE be worth now?

3 LANDYWOOD LANE might now be worth an estimated £361,269.

This is based on house price inflation of 6.3%, between August 2022 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 6.3% inflationary increase is applied to the most recent sale price for 3 LANDYWOOD LANE of £340,000 on 15th August 2022. For the value to have increased from £340,000 to £361,269 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 LANDYWOOD LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The August 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LANDYWOOD LANE has not materially changed since August 2022.

How Large is 3 LANDYWOOD LANE?

3 LANDYWOOD LANE is 96m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Great Wyrley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Wyrley, and where 3 LANDYWOOD LANE lies on this distribution: 34% of detached houses houses are smaller than 3 LANDYWOOD LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

3 LANDYWOOD LANE: Plot and Title Map

3 LANDYWOOD LANE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 3 LANDYWOOD 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 3 LANDYWOOD 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 3 LANDYWOOD LANE?

3 LANDYWOOD LANE is located in GREAT WYRLEY, in the WS6 postcode district. The below map shows the position of No. 3 on LANDYWOOD LANE.