55, CHAPEL LANE, CODSALL, WOLVERHAMPTON, WV8 2EJ - £455,000

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

55 CHAPEL LANE is a large extended detached house of 158m², built sometime between 1930 and 1949. It was last sold for £455,000 in June 2020, which was around 33% above the average June 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

55 CHAPEL LANE Sold Prices

Land registry data shows two sales for 55 CHAPEL LANE since 1^st 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 55 CHAPEL 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
2020 11 JUN	£455,000	£342,566	33% above HPI
1999 20 DEC	£142,500	£115,526	23% above HPI

55 CHAPEL 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 two 55 CHAPEL LANE sales from December 1999 and June 2020 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 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2020 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 55 CHAPEL LANE?

55 CHAPEL LANE is 158m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall, and where 55 CHAPEL LANE lies on this distribution: 79% of detached houses are smaller than 55 CHAPEL LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Codsall.

55 CHAPEL LANE: Plot and Title Map

55 CHAPEL LANE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 55 CHAPEL 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 55 CHAPEL 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 55 CHAPEL LANE?

55 CHAPEL LANE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 55 on CHAPEL LANE.