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
51 SHAWS LANE is a small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £240,000 in July 2022, which was around 40% below the average July 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 51 SHAWS LANE since 1st 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 51 SHAWS 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 |
---|---|---|---|
2022 22 JUL | £240,000 | £398,481 | 40% below HPI |
1998 31 JUL | £43,500 | £103,908 | 58% below HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 51 SHAWS LANE sales from July 1998 and July 2022 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 1998 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
51 SHAWS LANE is 87m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% 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 51 SHAWS LANE lies on this distribution: 24% of detached houses are smaller than 51 SHAWS LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.
51 SHAWS LANE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 51 SHAWS 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 51 SHAWS 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.
51 SHAWS LANE is located in WALSALL, in the WS6 postcode district. The below map shows the position of No. 51 on SHAWS LANE.