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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SKYE is a very small extended detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £460,276. It was last sold for £330,000 in December 2016, which was around 10% 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	£299,177	10% above HPI
2005 8 FEB	£285,000	£236,043	21% above HPI
1996 11 OCT	£115,000	£88,913	29% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2016 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might SKYE be worth now?

SKYE might now be worth an estimated £460,276.

This is based on house price inflation of 39.5%, between December 2016 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.5% inflationary increase is applied to the most recent sale price for SKYE of £330,000 on 15th December 2016. For the value to have increased from £330,000 to £460,276 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of SKYE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The December 2016 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of SKYE has not materially changed since December 2016.

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 houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Albrighton, and where SKYE lies on this distribution: 12% of detached houses 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.