93, PLANKS LANE, WOMBOURNE, WOLVERHAMPTON, WV5 8DX - £379,500

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

93 PLANKS LANE is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £379,500 in July 2015, which was around 38% above the average July 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

93 PLANKS LANE Sold Prices

Land registry data shows four sales for 93 PLANKS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. two of the four 93 PLANKS LANE sales were for above the average price, and four 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
2015 31 JUL	£379,500	£274,665	38% above HPI
2001 12 OCT	£220,000	£140,725	56% above HPI
1997 15 AUG	£90,000	£97,985	8% below HPI
1997 17 APR	£60,000	£94,950	37% below HPI

93 PLANKS 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 four 93 PLANKS LANE sales between April 1997 and July 2015 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 October 2001 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2015 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 93 PLANKS LANE?

93 PLANKS LANE is 134m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 93 PLANKS LANE lies on this distribution: 74% of detached houses are smaller than 93 PLANKS LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

93 PLANKS LANE: Plot and Title Map

93 PLANKS LANE sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 93 PLANKS 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 93 PLANKS 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 93 PLANKS LANE?

93 PLANKS LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 93 on PLANKS LANE.