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
42 BRIERLEY LANE is a very small extended detached house of 80m², built sometime between 1900 and 1929. It was last sold for £156,500 in March 2023, which was around 52% below the average March 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 42 BRIERLEY LANE since 1st 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 42 BRIERLEY 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 |
---|---|---|---|
2023 16 MAR | £156,500 | £323,231 | 52% below HPI |
2023 12 JAN | £133,000 | £329,060 | 60% below HPI |
2017 21 JUL | £149,950 | £222,998 | 33% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 42 BRIERLEY LANE sales between July 2017 and March 2023 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 January 2023 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the March 2023 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.
42 BRIERLEY LANE is 80m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 42 BRIERLEY LANE lies on this distribution: 16% of detached houses are smaller than 42 BRIERLEY LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bilston.
42 BRIERLEY LANE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 42 BRIERLEY 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 42 BRIERLEY 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.
42 BRIERLEY LANE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 42 on BRIERLEY LANE.