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
53 SYTCH LANE is a very large extended detached house of 179m², built sometime between 1900 and 1929. It was last sold for £650,000 in October 2017, which was around 110% above the average October 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 53 SYTCH LANE since 1st 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. All of the three 53 SYTCH 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 |
---|---|---|---|
2017 6 OCT | £650,000 | £309,609 | 110% above HPI |
2007 23 MAY | £574,950 | £266,943 | 115% above HPI |
2003 13 OCT | £401,000 | £210,452 | 91% above HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 53 SYTCH LANE sales between October 2003 and October 2017 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 2007 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the October 2017 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.
53 SYTCH LANE is 179m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 10% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 53 SYTCH LANE lies on this distribution: 91% of detached houses are smaller than 53 SYTCH LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Wombourne.
53 SYTCH LANE sits on a plot of roughly 0.347 of an acre, or 1,404m². The below map shows the location of 53 SYTCH 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 53 SYTCH 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.
53 SYTCH LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 53 on SYTCH LANE.