50, BROAD LANE NORTH, WILLENHALL, WV12 5UB - £325,000

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

50 BROAD LANE NORTH is a midsized detached house of 103m², built sometime between 1950 and 1966. It was last sold for £325,000 in November 2019, which was around 29% above the average November 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

50 BROAD LANE NORTH Sold Prices

Land registry data shows three sales for 50 BROAD LANE NORTH since 1^st 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 50 BROAD LANE NORTH 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
2019 7 NOV	£325,000	£251,616	29% above HPI
2014 28 NOV	£249,950	£193,535	29% above HPI
1997 17 JAN	£105,000	£70,168	50% above HPI

50 BROAD LANE NORTH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 50 BROAD LANE NORTH sales between January 1997 and November 2019 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 2014 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2019 sale, which was also at 29% above the HPI.

How Large is 50 BROAD LANE NORTH?

50 BROAD LANE NORTH is 103m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 50 BROAD LANE NORTH lies on this distribution: 45% of detached houses are smaller than 50 BROAD LANE NORTH, and 54% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

50 BROAD LANE NORTH: Plot and Title Map

50 BROAD LANE NORTH sits on a plot of roughly 0.267 of an acre, or 1,080m². The below map shows the location of 50 BROAD LANE NORTH, 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 50 BROAD LANE NORTH). 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 50 BROAD LANE NORTH?

50 BROAD LANE NORTH is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 50 on BROAD LANE NORTH.