85A, MILL LANE, WEDNESFIELD, WOLVERHAMPTON, WV11 1DB - £194,000

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

85A MILL LANE is a midsized detached house of 115m², built sometime between 2003 and 2006. It was last sold for £194,000 in January 2016, which was around 4% below the average January 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

85A MILL LANE Sold Prices

Land registry data shows three sales for 85A MILL 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 Wolverhampton local authority area for the corresponding sale date. One of the three 85A MILL LANE sales was for below the average price, whilst two 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
2016 22 JAN	£194,000	£201,737	4% below HPI
2007 3 SEP	£243,500	£214,648	13% above HPI
2004 12 FEB	£193,000	£166,680	16% above HPI

85A MILL 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 three 85A MILL LANE sales between February 2004 and January 2016 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 September 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 85A MILL LANE?

85A MILL LANE is 115m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 85A MILL LANE lies on this distribution: 59% of detached houses are smaller than 85A MILL LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

85A MILL LANE: Plot and Title Map

85A MILL LANE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 85A MILL 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 85A MILL 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 85A MILL LANE?

85A MILL LANE is located in WEDNESFIELD, in the WV11 postcode district. The below map shows the position of No. 85A on MILL LANE.