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
4 BROOK LANE is a large extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £317,000 in June 2021, which was around 4% above the average June 2021 detached price in the Walsall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 4 BROOK LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 4 BROOK 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 25 JUN | £317,000 | £304,319 | 4% above HPI |
2007 18 MAY | £236,000 | £217,296 | 9% above HPI |
2003 15 AUG | £205,995 | £163,758 | 26% above HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The three 4 BROOK LANE sales between August 2003 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 May 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
4 BROOK LANE is 132m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 20% of detached houses in Brownhills, based on EPC data. The below chart shows the distribution of detached houses by size in Brownhills, and where 4 BROOK LANE lies on this distribution: 80% of detached houses are smaller than 4 BROOK LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Brownhills.
4 BROOK LANE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 4 BROOK 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 4 BROOK 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.
4 BROOK LANE is located in WALSALL WOOD, in the WS9 postcode district. The below map shows the position of No. 4 on BROOK LANE.