8, STREETS LANE, CHESLYN HAY, WALSALL, WS6 7AN - £277,500

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

8 STREETS LANE is a midsized extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £277,500 in January 2018, which was around 12% below the average January 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

8 STREETS LANE Sold Prices

Land registry data shows two sales for 8 STREETS 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 South Staffordshire local authority area for the corresponding sale date. Both of the two 8 STREETS 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 24 JAN	£277,500	£313,570	12% below HPI
2003 7 APR	£100,000	£190,064	47% below HPI

8 STREETS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 8 STREETS LANE sales from April 2003 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 April 2003 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 STREETS LANE?

8 STREETS LANE is 107m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Great Wyrley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Wyrley, and where 8 STREETS LANE lies on this distribution: 52% of detached houses are smaller than 8 STREETS LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

8 STREETS LANE: Plot and Title Map

8 STREETS LANE sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of 8 STREETS 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 STREETS 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 STREETS LANE?

8 STREETS LANE is located in CHESLYN HAY, in the WS6 postcode district. The below map shows the position of No. 8 on STREETS LANE.