41, GORSEY LANE, GREAT WYRLEY, WALSALL, WS6 6HJ - £252,000

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

41 GORSEY LANE is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £252,000 in June 2020, which was around 26% below the average June 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was A.

41 GORSEY LANE Sold Prices

Land registry data shows four sales for 41 GORSEY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 41 GORSEY 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
2020 26 JUN	£252,000	£342,566	26% below HPI
2014 5 SEP	£183,000	£262,562	30% below HPI
2013 5 JUL	£185,000	£256,874	28% below HPI
2000 9 JUN	£77,000	£128,804	40% below HPI

41 GORSEY 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 four 41 GORSEY LANE sales between June 2000 and June 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 September 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 41 GORSEY LANE?

41 GORSEY LANE is 76m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% 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 41 GORSEY LANE lies on this distribution: 14% of detached houses are smaller than 41 GORSEY LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

41 GORSEY LANE: Plot and Title Map

41 GORSEY LANE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 41 GORSEY 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 41 GORSEY 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 41 GORSEY LANE?

41 GORSEY LANE is located in GREAT WYRLEY, in the WS6 postcode district. The below map shows the position of No. 41 on GORSEY LANE.