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
92 OLD FALLINGS LANE is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £117,000 in May 2018, which was around 50% below the average May 2018 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 92 OLD FALLINGS LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Most of the four 92 OLD FALLINGS 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 17 MAY | £117,000 | £231,996 | 50% below HPI |
2004 19 FEB | £92,950 | £166,680 | 44% below HPI |
2001 20 DEC | £59,500 | £106,752 | 44% below HPI |
1996 16 AUG | £85,000 | £67,195 | 26% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The four 92 OLD FALLINGS LANE sales between August 1996 and May 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 February 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2018 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.
92 OLD FALLINGS LANE is 66m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 92 OLD FALLINGS LANE lies on this distribution: 6% of detached houses are smaller than 92 OLD FALLINGS LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
92 OLD FALLINGS LANE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 92 OLD FALLINGS 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 92 OLD FALLINGS 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.
92 OLD FALLINGS LANE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 92 on OLD FALLINGS LANE.