SKYE, SHAW LANE, ALBRIGHTON, WOLVERHAMPTON, WV7 3DS - £330,000

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

SKYE is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £330,000 in December 2016, which was around 13% above the average December 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

SKYE Sold Prices

Land registry data shows three sales for SKYE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three SKYE sales 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 15 DEC	£330,000	£291,047	13% above HPI
2005 8 FEB	£285,000	£229,629	24% above HPI
1996 11 OCT	£115,000	£86,496	33% above HPI

SKYE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three SKYE sales between October 1996 and December 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 February 2005 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is SKYE?

SKYE is 68m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses by size in Albrighton, and where SKYE lies on this distribution: 12% of detached houses are smaller than SKYE, and 87% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

SKYE: Plot and Title Map

SKYE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of SKYE, 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 SKYE). 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 SKYE?

SKYE is located on SHAW LANE in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of SKYE on SHAW LANE.