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
51 WARDLES LANE is a large extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £248,000 in January 2019, which was around 23% below the average January 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 51 WARDLES LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 51 WARDLES 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 |
---|---|---|---|
2019 31 JAN | £248,000 | £323,538 | 23% below HPI |
2015 16 DEC | £178,000 | £280,979 | 37% below HPI |
2008 21 JAN | £215,000 | £279,448 | 23% below HPI |
1998 13 FEB | £59,995 | £99,372 | 40% 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 four 51 WARDLES LANE sales between February 1998 and January 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 December 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
51 WARDLES LANE is 132m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 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 WARDLES LANE lies on this distribution: 74% of detached houses are smaller than 51 WARDLES LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.
51 WARDLES LANE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 51 WARDLES 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 WARDLES 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 WARDLES LANE is located in WALSALL, in the WS6 postcode district. The below map shows the position of No. 51 on WARDLES LANE.