32, WINDMILL LANE, WOLVERHAMPTON, WV3 8HJ - £185,000

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

32 WINDMILL LANE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £185,000 in July 2019, which was around 24% below the average July 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

32 WINDMILL LANE Sold Prices

Land registry data shows two sales for 32 WINDMILL 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. Both of the two 32 WINDMILL 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
2019 19 JUL	£185,000	£242,694	24% below HPI
1998 2 NOV	£69,500	£76,052	9% below HPI

32 WINDMILL 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 32 WINDMILL LANE sales from November 1998 and July 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 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 32 WINDMILL LANE?

32 WINDMILL LANE is 62m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 32 WINDMILL LANE lies on this distribution: 4% of detached houses are smaller than 32 WINDMILL LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

32 WINDMILL LANE: Plot and Title Map

32 WINDMILL LANE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 32 WINDMILL 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 32 WINDMILL 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 32 WINDMILL LANE?

32 WINDMILL LANE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 32 on WINDMILL LANE.