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
70 SYTCH LANE is a very large extended detached house of 355m², built sometime between 2003 and 2006. It was last sold for £840,000 in January 2021, which was around 132% above the average January 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 70 SYTCH LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 70 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 |
---|---|---|---|
2021 22 JAN | £840,000 | £362,035 | 132% above HPI |
2017 14 JUL | £770,000 | £305,823 | 152% above HPI |
2009 17 JUL | £850,000 | £246,622 | 245% above HPI |
2006 29 SEP | £385,000 | £256,439 | 50% above HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The four 70 SYTCH LANE sales between September 2006 and January 2021 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 July 2017 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the January 2021 sale, where it falls to 132% above the HPI. The line then continues to track at 132% above the HPI.
70 SYTCH LANE is 355m², which includes one extension, according to the EPC inspection conducted in September 2019. 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 70 SYTCH LANE lies on this distribution: 99% of detached houses are smaller than 70 SYTCH LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Wombourne.
70 SYTCH LANE sits on a plot of roughly 0.266 of an acre, or 1,076m². The below map shows the location of 70 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 70 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.
70 SYTCH LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 70 on SYTCH LANE.