46, GORSEY LANE, GREAT WYRLEY, WALSALL, WS6 6EX - £230,000

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.

46 GORSEY LANE is a large extended detached house of 132m², built sometime between 1900 and 1929, which could now be worth an estimated £338,089. It was last sold for £230,000 in October 2016, which was around 22% below the average October 2016 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

46 GORSEY LANE Sold Prices

Land registry data shows two sales for 46 GORSEY 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. One of the two 46 GORSEY LANE sales was for below the average price, whilst the other was 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
2016 28 OCT	£230,000	£293,418	22% below HPI
1996 26 JAN	£93,000	£89,474	4% above HPI

46 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 two 46 GORSEY LANE sales from January 1996 and October 2016 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 1996 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 46 GORSEY LANE be worth now?

46 GORSEY LANE might now be worth an estimated £338,089.

This is based on house price inflation of 47%, between October 2016 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 47% inflationary increase is applied to the most recent sale price for 46 GORSEY LANE of £230,000 on 28th October 2016. For the value to have increased from £230,000 to £338,089 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 46 GORSEY LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The October 2016 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 46 GORSEY LANE has not materially changed since October 2016.

How Large is 46 GORSEY LANE?

46 GORSEY LANE is 132m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 30% 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 46 GORSEY LANE lies on this distribution: 75% of detached houses houses are smaller than 46 GORSEY LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

46 GORSEY LANE: Plot and Title Map

46 GORSEY LANE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 46 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 46 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 46 GORSEY LANE?

46 GORSEY LANE is located in GREAT WYRLEY, in the WS6 postcode district. The below map shows the position of No. 46 on GORSEY LANE.