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
62 SHAWS LANE is a very large extended detached house of 147m², built sometime between 1930 and 1949. It was last sold for £380,000 in November 2022, which was around 9% below the average November 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 62 SHAWS LANE since 1st 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 62 SHAWS 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 |
---|---|---|---|
2022 23 NOV | £380,000 | £416,424 | 9% below HPI |
2019 13 NOV | £299,950 | £334,174 | 10% 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 two 62 SHAWS LANE sales from November 2019 and November 2022 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 November 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
62 SHAWS LANE is 147m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 62 SHAWS LANE lies on this distribution: 82% of detached houses are smaller than 62 SHAWS LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.
62 SHAWS LANE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 62 SHAWS 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 62 SHAWS 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.
62 SHAWS LANE is located in WALSALL, in the WS6 postcode district. The below map shows the position of No. 62 on SHAWS LANE.