13, SCHOOL LANE, SHARESHILL, WOLVERHAMPTON, WV10 7LE - £280,000

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.

13 SCHOOL LANE is a very small extended terraced house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £302,497. It was last sold for £280,000 in October 2022, which was around 27% above the average October 2022 terraced price in the South Staffordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

13 SCHOOL LANE Sold Prices

Land registry data shows three sales for 13 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Staffordshire local authority area for the corresponding sale date. All of the three 13 SCHOOL 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
2022 10 OCT	£280,000	£220,151	27% above HPI
2021 4 FEB	£235,000	£189,914	24% above HPI
2012 28 SEP	£170,000	£134,807	26% above HPI

13 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 13 SCHOOL LANE sales between September 2012 and October 2022 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 2021 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 13 SCHOOL LANE be worth now?

13 SCHOOL LANE might now be worth an estimated £302,497.

This is based on house price inflation of 8%, between October 2022 and May 2026, for terraced houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8% inflationary increase is applied to the most recent sale price for 13 SCHOOL LANE of £280,000 on 10th October 2022. For the value to have increased from £280,000 to £302,497 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 13 SCHOOL LANE has moved in line with the HPI for terraced houses in the South Staffordshire local authority area.
• The October 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 13 SCHOOL LANE has not materially changed since October 2022.

How Large is 13 SCHOOL LANE?

13 SCHOOL LANE is 77m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of terraced houses houses in Shareshill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shareshill, and where 13 SCHOOL LANE lies on this distribution: 5% of terraced houses houses are smaller than 13 SCHOOL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Shareshill.

13 SCHOOL LANE: Plot and Title Map

13 SCHOOL LANE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 13 SCHOOL 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 13 SCHOOL 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 13 SCHOOL LANE?

13 SCHOOL LANE is located in SHARESHILL, in the WV10 postcode district. The below map shows the position of No. 13 on SCHOOL LANE.