Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
98 OLD FALLINGS LANE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £151,000 in May 2018, which was around 35% below the average May 2018 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 98 OLD FALLINGS LANE since 1st 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 98 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 15 MAY | £151,000 | £231,996 | 35% below HPI |
2000 21 DEC | £52,000 | £93,157 | 44% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 98 OLD FALLINGS LANE sales from December 2000 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 December 2000 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 rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
98 OLD FALLINGS LANE is 75m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 98 OLD FALLINGS LANE lies on this distribution: 13% of detached houses are smaller than 98 OLD FALLINGS LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
98 OLD FALLINGS LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 98 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 98 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.
98 OLD FALLINGS LANE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 98 on OLD FALLINGS LANE.