56B, GREEN LANES, BILSTON, WV14 6BY - £275,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

56B GREEN LANES is a very large extended semi-detached house of 157m², built sometime between 1900 and 1929. It was last sold for £275,000 in June 2023, which was around 11% below the average June 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

56B GREEN LANES Sold Prices

Land registry data shows four sales for 56B GREEN LANES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 56B GREEN LANES 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
2023 14 JUN	£275,000	£307,970	11% below HPI
2017 25 AUG	£175,000	£220,308	21% below HPI
2010 16 APR	£134,000	£182,650	27% below HPI
2007 16 AUG	£140,000	£205,521	32% below HPI

56B GREEN LANES 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 four 56B GREEN LANES sales between August 2007 and June 2023 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 August 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 56B GREEN LANES?

56B GREEN LANES is 157m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 56B GREEN LANES lies on this distribution: 97% of detached houses are smaller than 56B GREEN LANES, and 3% of houses are larger. Note that EPC data is not available for all properties in Bilston.

56B GREEN LANES: Plot and Title Map

56B GREEN LANES sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 56B GREEN LANES, 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 56B GREEN LANES). 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 56B GREEN LANES?

56B GREEN LANES is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 56B on GREEN LANES.