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
62A POOL HAYES LANE is a very small extended detached house of 71m², built sometime between 1976 and 1982. It was last sold for £120,000 in October 2017, which was around 54% below the average October 2017 detached price in the Walsall local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 62A POOL HAYES LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 62A POOL HAYES 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 |
---|---|---|---|
2017 18 OCT | £120,000 | £262,355 | 54% below HPI |
2012 16 SEP | £112,500 | £202,498 | 44% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 62A POOL HAYES LANE sales from September 2012 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 September 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2017 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.
62A POOL HAYES LANE is 71m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 62A POOL HAYES LANE lies on this distribution: 12% of detached houses are smaller than 62A POOL HAYES LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Willenhall.
62A POOL HAYES LANE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 62A POOL HAYES 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 62A POOL HAYES 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.
62A POOL HAYES LANE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 62A on POOL HAYES LANE.