40A, SKIP LANE, WALSALL, WS5 3LP - £380,000

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

40A SKIP LANE is a midsized extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £380,000 in December 2015, which was around 68% above the average December 2015 detached price in the Walsall local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

40A SKIP LANE Sold Prices

Land registry data shows two sales for 40A SKIP LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 40A SKIP 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
2015 1 DEC	£380,000	£225,520	68% above HPI
2002 25 OCT	£250,000	£140,022	79% above HPI

40A SKIP LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 40A SKIP LANE sales from October 2002 and December 2015 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 October 2002 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the December 2015 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 40A SKIP LANE?

40A SKIP LANE is 127m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 40A SKIP LANE lies on this distribution: 48% of detached houses are smaller than 40A SKIP LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Walsall.

40A SKIP LANE: Plot and Title Map

40A SKIP LANE sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of 40A SKIP 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 SKIP 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 SKIP LANE?

40A SKIP LANE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 40A on SKIP LANE.