46, PLANKS LANE, WOMBOURNE, WOLVERHAMPTON, WV5 9HG - £530,000

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

46 PLANKS LANE is a very large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £530,000 in April 2021, which was around 49% above the average April 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

46 PLANKS LANE Sold Prices

Land registry data shows two sales for 46 PLANKS 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 46 PLANKS 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
2021 29 APR	£530,000	£355,633	49% above HPI
2000 22 NOV	£189,000	£127,292	48% above HPI

46 PLANKS 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 PLANKS LANE sales from November 2000 and April 2021 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 November 2000 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the April 2021 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 46 PLANKS LANE?

46 PLANKS LANE is 165m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 46 PLANKS LANE lies on this distribution: 89% of detached houses are smaller than 46 PLANKS LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

46 PLANKS LANE: Plot and Title Map

46 PLANKS LANE sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 46 PLANKS 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 PLANKS 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 PLANKS LANE?

46 PLANKS LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 46 on PLANKS LANE.