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
66 PARK LANE is a midsized extended detached house of 96m², built sometime between 1900 and 1929. It was last sold for £157,000 in January 2018, which was around 31% below the average January 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 66 PARK LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 66 PARK 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 |
---|---|---|---|
2018 19 JAN | £157,000 | £228,442 | 31% below HPI |
2006 14 DEC | £177,500 | £191,990 | 8% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 66 PARK LANE sales from December 2006 and January 2018 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
66 PARK LANE is 96m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% of detached houses in Darlaston, based on EPC data. The below chart shows the distribution of detached houses by size in Darlaston, and where 66 PARK LANE lies on this distribution: 45% of detached houses are smaller than 66 PARK LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Darlaston.
66 PARK LANE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 66 PARK 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 66 PARK 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.
66 PARK LANE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 66 on PARK LANE.