15, WELL LANE, WALSALL, WS3 1JL - £95,000

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.

15 WELL LANE is a midsized semi-detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £160,305. It was last sold for £95,000 in August 2015, which was around 27% below the average August 2015 semi-detached price in the Walsall local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

15 WELL LANE Sold Prices

Land registry data shows three sales for 15 WELL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. All of the three 15 WELL 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
2015 19 AUG	£95,000	£130,887	27% below HPI
2013 15 NOV	£86,000	£125,673	32% below HPI
1996 26 APR	£41,500	£44,022	6% below HPI

15 WELL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Walsall local authority area over time, sourced from the HPI. The three 15 WELL LANE sales between April 1996 and August 2015 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 November 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 15 WELL LANE be worth now?

15 WELL LANE might now be worth an estimated £160,305.

This is based on house price inflation of 68.7%, between August 2015 and February 2025, for semi-detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.7% inflationary increase is applied to the most recent sale price for 15 WELL LANE of £95,000 on 19th August 2015. For the value to have increased from £95,000 to £160,305 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 15 WELL LANE has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The August 2015 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WELL LANE has not materially changed since August 2015.

How Large is 15 WELL LANE?

15 WELL LANE is 98m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 50% of semi-detached houses houses in Bloxwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bloxwich, and where 15 WELL LANE lies on this distribution: 45% of semi-detached houses houses are smaller than 15 WELL LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.

15 WELL LANE: Plot and Title Map

15 WELL LANE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 15 WELL 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 15 WELL 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 15 WELL LANE?

15 WELL LANE is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 15 on WELL LANE.