47A, LOVE LANE, GREAT WYRLEY, WALSALL, WS6 6NN - £440,000

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

47A LOVE LANE is a very large extended detached house of 202m², built sometime between 1967 and 1975. It was last sold for £440,000 in January 2021, which was around 22% above the average January 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

47A LOVE LANE Sold Prices

Land registry data shows three sales for 47A LOVE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Two of the three 47A LOVE LANE sales were for above the average price, whilst one was 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
2021 25 JAN	£440,000	£362,035	22% above HPI
2006 9 MAY	£275,000	£246,233	12% above HPI
2000 14 FEB	£102,000	£118,053	14% below HPI

47A LOVE 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 three 47A LOVE LANE sales between February 2000 and January 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 May 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 47A LOVE LANE?

47A LOVE LANE is 202m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% 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 47A LOVE LANE lies on this distribution: 95% of detached houses are smaller than 47A LOVE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

47A LOVE LANE: Plot and Title Map

47A LOVE LANE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 47A LOVE 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 47A LOVE 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 47A LOVE LANE?

47A LOVE LANE is located in GREAT WYRLEY, in the WS6 postcode district. The below map shows the position of No. 47A on LOVE LANE.