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
330 KITCHEN LANE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £185,000 in May 2022, which was around 40% below the average May 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 330 KITCHEN LANE since 1st 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 330 KITCHEN 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 27 MAY | £185,000 | £309,889 | 40% below HPI |
2002 1 FEB | £56,950 | £110,808 | 49% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 330 KITCHEN LANE sales from February 2002 and May 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 February 2002 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
330 KITCHEN LANE is 73m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 330 KITCHEN LANE lies on this distribution: 11% of detached houses are smaller than 330 KITCHEN LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
330 KITCHEN LANE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 330 KITCHEN 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 330 KITCHEN 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.
330 KITCHEN LANE is located in WEDNESFIELD, in the WV11 postcode district. The below map shows the position of No. 330 on KITCHEN LANE.