44, LILAC LANE, WALSALL, WS6 6HQ - £182,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

44 LILAC LANE is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £301,188. It was last sold for £182,000 in August 2014, which was around 30% below the average August 2014 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

44 LILAC LANE Sold Prices

Land registry data shows two sales for 44 LILAC 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 South Staffordshire local authority area for the corresponding sale date. Both of the two 44 LILAC 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
2014 21 AUG	£182,000	£260,629	30% below HPI
2013 19 JUL	£134,000	£258,339	48% below HPI

44 LILAC 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 two 44 LILAC LANE sales from July 2013 and August 2014 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 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 44 LILAC LANE be worth now?

44 LILAC LANE might now be worth an estimated £301,188.

This is based on house price inflation of 65.5%, between August 2014 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.5% inflationary increase is applied to the most recent sale price for 44 LILAC LANE of £182,000 on 21st August 2014. For the value to have increased from £182,000 to £301,188 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 44 LILAC LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The August 2014 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 44 LILAC LANE has not materially changed since August 2014.

How Large is 44 LILAC LANE?

44 LILAC LANE is 65m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses houses in Great Wyrley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Wyrley, and where 44 LILAC LANE lies on this distribution: 8% of detached houses houses are smaller than 44 LILAC LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

44 LILAC LANE: Plot and Title Map

44 LILAC LANE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 44 LILAC 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 44 LILAC 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 44 LILAC LANE?

44 LILAC LANE is located in WALSALL, in the WS6 postcode district. The below map shows the position of No. 44 on LILAC LANE.