2, SHOWELL LANE, WOLVERHAMPTON, WV4 4UA - £200,000

2 SHOWELL LANE is a small extended detached house of 89m², built sometime between 1900 and 1929. It was last sold for £200,000 in September 2017, which was around 13% below the average September 2017 detached price in the Wolverhampton local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

2 SHOWELL LANE Sold Prices

Land registry data shows two sales for 2 SHOWELL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. One of the two 2 SHOWELL LANE sales was for below the average price, whilst the other was 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 26 SEP	£200,000	£228,627	13% below HPI
1996 3 OCT	£84,500	£69,925	21% above HPI

2 SHOWELL 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 two 2 SHOWELL LANE sales from October 1996 and September 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 October 1996 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 SHOWELL LANE?

2 SHOWELL LANE is 89m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 2 SHOWELL LANE lies on this distribution: 29% of detached houses are smaller than 2 SHOWELL LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 SHOWELL LANE: Plot and Title Map

2 SHOWELL LANE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 2 SHOWELL 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 2 SHOWELL 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 2 SHOWELL LANE?

2 SHOWELL LANE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 2 on SHOWELL LANE.