38C, BROAD LANE SOUTH, WOLVERHAMPTON, WV11 3RY - £610,000

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

38C BROAD LANE SOUTH is a very large detached house of 173m², built sometime between 1991 and 1995. It was last sold for £610,000 in November 2020, which was around 130% above the average November 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was B.

38C BROAD LANE SOUTH Sold Prices

Land registry data shows two sales for 38C BROAD LANE SOUTH 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 38C BROAD LANE SOUTH 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
2020 2 NOV	£610,000	£265,718	130% above HPI
2005 24 MAR	£320,000	£180,086	78% above HPI

38C BROAD LANE SOUTH 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 38C BROAD LANE SOUTH sales from March 2005 and November 2020 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 March 2005 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the November 2020 sale, where it rises to 130% above the HPI. The line then continues to track at 130% above the HPI.

How Large is 38C BROAD LANE SOUTH?

38C BROAD LANE SOUTH is 173m² according to the EPC inspection conducted in July 2020. This puts it in the largest 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 38C BROAD LANE SOUTH lies on this distribution: 87% of detached houses are smaller than 38C BROAD LANE SOUTH, and 13% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

38C BROAD LANE SOUTH: Plot and Title Map

38C BROAD LANE SOUTH sits on a plot of roughly 0.271 of an acre, or 1,096m². The below map shows the location of 38C BROAD LANE SOUTH, 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 38C BROAD LANE SOUTH). 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 38C BROAD LANE SOUTH?

38C BROAD LANE SOUTH is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 38C on BROAD LANE SOUTH.