4, STREETS LANE, CHESLYN HAY, WALSALL, WS6 7AN - £499,000

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

4 STREETS LANE is a very large extended detached house of 261m², built sometime between 1900 and 1929. It was last sold for £499,000 in March 2021, which was around 39% above the average March 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was A, and the potential energy rating was A.

4 STREETS LANE Sold Prices

Land registry data shows three sales for 4 STREETS 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. Two of the three 4 STREETS LANE sales were for above the average price, whilst one was 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
2021 18 MAR	£499,000	£358,855	39% above HPI
2016 22 JUL	£465,000	£287,723	62% above HPI
2010 19 FEB	£250,000	£260,175	4% below HPI

4 STREETS 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 4 STREETS LANE sales between February 2010 and March 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 July 2016 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2021 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 4 STREETS LANE?

4 STREETS LANE is 261m², which includes three extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses in Great Wyrley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Wyrley, and where 4 STREETS LANE lies on this distribution: 98% of detached houses are smaller than 4 STREETS LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

4 STREETS LANE: Plot and Title Map

4 STREETS LANE sits on a plot of roughly 0.236 of an acre, or 955m². The below map shows the location of 4 STREETS 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 STREETS 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 4 STREETS LANE?

4 STREETS LANE is located in CHESLYN HAY, in the WS6 postcode district. The below map shows the position of No. 4 on STREETS LANE.