72, PARK LANE, WEDNESBURY, WS10 9PT - £250,000

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

72 PARK LANE is a midsized extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £250,000 in September 2019, which was about the average September 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

72 PARK LANE Sold Prices

Land registry data shows three sales for 72 PARK 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 Sandwell local authority area for the corresponding sale date. The three 72 PARK LANE sales were a mix of roughly equal to the average price, above the average price, and 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
2019 27 SEP	£250,000	£250,312	Close to HPI
2011 27 MAY	£170,000	£176,808	4% below HPI
1999 16 APR	£91,000	£73,098	24% above HPI

72 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 72 PARK LANE sales between April 1999 and September 2019 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 May 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 72 PARK LANE?

72 PARK LANE is 103m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 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 72 PARK LANE lies on this distribution: 58% of detached houses are smaller than 72 PARK LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Darlaston.

72 PARK LANE: Plot and Title Map

72 PARK LANE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 72 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 72 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.

Where is 72 PARK LANE?

72 PARK LANE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 72 on PARK LANE.