8, HALL LANE, BILSTON, WV14 9RJ - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 HALL LANE is a small extended detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £400,228. It was last sold for £300,000 in September 2020, which was around 20% above the average September 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

8 HALL LANE Sold Prices

Land registry data shows two sales for 8 HALL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 8 HALL 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
2020 18 SEP	£300,000	£250,052	20% above HPI
2002 25 JUL	£162,500	£118,953	37% above HPI

8 HALL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 8 HALL LANE sales from July 2002 and September 2020 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 2002 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2020 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 8 HALL LANE be worth now?

8 HALL LANE might now be worth an estimated £400,228.

This is based on house price inflation of 33.4%, between September 2020 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.4% inflationary increase is applied to the most recent sale price for 8 HALL LANE of £300,000 on 18th September 2020. For the value to have increased from £300,000 to £400,228 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 HALL LANE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The September 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HALL LANE has not materially changed since September 2020.

How Large is 8 HALL LANE?

8 HALL LANE is 84m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgley, and where 8 HALL LANE lies on this distribution: 22% of detached houses houses are smaller than 8 HALL LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

8 HALL LANE: Plot and Title Map

8 HALL LANE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 8 HALL 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 8 HALL 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 8 HALL LANE?

8 HALL LANE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 8 on HALL LANE.