6, SYTCH LANE, WOMBOURNE, WOLVERHAMPTON, WV5 0NF - £520,000

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

6 SYTCH LANE is a very large extended detached house of 179m², built sometime between 1950 and 1966. It was last sold for £520,000 in March 2023, which was around 27% above the average March 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

6 SYTCH LANE Sold Prices

Land registry data shows three sales for 6 SYTCH LANE since 1^st 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 6 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
2023 10 MAR	£520,000	£409,008	27% above HPI
2011 18 APR	£272,500	£252,498	8% above HPI
2006 16 AUG	£310,000	£255,437	21% above HPI

6 SYTCH 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 three 6 SYTCH LANE sales between August 2006 and March 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 April 2011 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2023 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 6 SYTCH LANE?

6 SYTCH LANE is 179m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 6 SYTCH LANE lies on this distribution: 91% of detached houses are smaller than 6 SYTCH LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

6 SYTCH LANE: Plot and Title Map

6 SYTCH LANE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 6 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 6 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.

Where is 6 SYTCH LANE?

6 SYTCH LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 6 on SYTCH LANE.