11, ORMES LANE, WOLVERHAMPTON, WV6 8LL - £375,000

11 ORMES LANE is a very large detached house of 165m², built sometime between 1967 and 1975. It was last sold for £375,000 in August 2020, which was around 47% above the average August 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

11 ORMES LANE Sold Prices

Land registry data shows three sales for 11 ORMES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 11 ORMES LANE 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
2020 4 AUG	£375,000	£255,851	47% above HPI
2004 8 MAY	£295,000	£164,926	79% above HPI
1999 3 NOV	£175,000	£83,931	109% above HPI

11 ORMES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 11 ORMES LANE sales between November 1999 and August 2020 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 May 2004 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the August 2020 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 11 ORMES LANE?

11 ORMES LANE is 165m² according to the EPC inspection conducted in May 2019. This puts it in the largest 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 11 ORMES LANE lies on this distribution: 85% of detached houses are smaller than 11 ORMES LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

11 ORMES LANE: Plot and Title Map

11 ORMES LANE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 11 ORMES 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 11 ORMES 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 11 ORMES LANE?

11 ORMES LANE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 11 on ORMES LANE.