40A, PROUDS LANE, BILSTON, WV14 6PR - £101,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40A PROUDS LANE is a very small detached house of 50m², built sometime between 1983 and 1990. It was last sold for £101,000 in February 2011, which was around 46% below the average February 2011 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

40A PROUDS LANE Sold Prices

Land registry data shows three sales for 40A PROUDS 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 Wolverhampton local authority area for the corresponding sale date. All of the three 40A PROUDS 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
2011 11 FEB	£101,000	£187,380	46% below HPI
1997 1 AUG	£49,950	£74,427	33% below HPI
1995 17 MAY	£46,950	£67,638	31% below HPI

40A PROUDS LANE 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 three 40A PROUDS LANE sales between May 1995 and February 2011 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 August 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2011 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 40A PROUDS LANE?

40A PROUDS LANE is 50m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 40A PROUDS LANE lies on this distribution: 1% of detached houses are smaller than 40A PROUDS LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bilston.

40A PROUDS LANE: Plot and Title Map

40A PROUDS LANE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 40A PROUDS 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 40A PROUDS 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 40A PROUDS LANE?

40A PROUDS LANE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 40A on PROUDS LANE.