34, SHOWELL LANE, WOLVERHAMPTON, WV4 4TT - £699,000

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.

34 SHOWELL LANE is a very large extended detached house of 199m², built sometime between 1950 and 1966, which could now be worth an estimated £821,751. It was last sold for £699,000 in June 2021, which was around 91% above the average June 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

34 SHOWELL LANE Sold Prices

Land registry data shows three sales for 34 SHOWELL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 34 SHOWELL 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
2021 24 JUN	£699,000	£366,882	91% above HPI
2013 27 JUN	£500,000	£251,597	99% above HPI
2001 28 FEB	£320,000	£130,871	145% above HPI

34 SHOWELL 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 three 34 SHOWELL LANE sales between February 2001 and June 2021 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 2013 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the June 2021 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 34 SHOWELL LANE be worth now?

34 SHOWELL LANE might now be worth an estimated £821,751.

This is based on house price inflation of 17.6%, between June 2021 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 17.6% inflationary increase is applied to the most recent sale price for 34 SHOWELL LANE of £699,000 on 24th June 2021. For the value to have increased from £699,000 to £821,751 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 34 SHOWELL LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The June 2021 sale price of £699,000 represented a fair market value for the property.
• The size, condition, and specification of 34 SHOWELL LANE has not materially changed since June 2021.

How Large is 34 SHOWELL LANE?

34 SHOWELL LANE is 199m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 34 SHOWELL LANE lies on this distribution: 92% of detached houses houses are smaller than 34 SHOWELL LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

34 SHOWELL LANE: Plot and Title Map

34 SHOWELL LANE sits on a plot of roughly 0.479 of an acre, or 1,938m². The below map shows the location of 34 SHOWELL 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 34 SHOWELL 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 34 SHOWELL LANE?

34 SHOWELL LANE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 34 on SHOWELL LANE.