159, PARK LANE, WEDNESBURY, WS10 9RZ - £225,000

159 PARK LANE is a very large extended detached house of 138m², built sometime between 1930 and 1949. It was last sold for £225,000 in February 2017, which was around 5% above the average February 2017 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

159 PARK LANE Sold Prices

Land registry data shows three sales for 159 PARK 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 Sandwell local authority area for the corresponding sale date. All of the three 159 PARK 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
2017 24 FEB	£225,000	£214,757	5% above HPI
2015 3 JUL	£215,000	£189,492	13% above HPI
2001 14 DEC	£151,000	£96,828	56% above HPI

159 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 159 PARK LANE sales between December 2001 and February 2017 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 July 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 159 PARK LANE?

159 PARK LANE is 138m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses in Darlaston, based on EPC data. The below chart shows the distribution of detached houses by size in Darlaston, and where 159 PARK LANE lies on this distribution: 93% of detached houses are smaller than 159 PARK LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Darlaston.

159 PARK LANE: Plot and Title Map

159 PARK LANE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 159 PARK 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 159 PARK 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 159 PARK LANE?

159 PARK LANE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 159 on PARK LANE.