255, BROAD LANES, BILSTON, WV14 0RY - £90,500

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.

255 BROAD LANES is a very small extended terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £122,562. It was last sold for £90,500 in August 2019, which was around 28% below the average August 2019 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

255 BROAD LANES Sold Prices

Land registry data shows two sales for 255 BROAD LANES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 255 BROAD LANES 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
2019 2 AUG	£90,500	£126,281	28% below HPI
2004 31 MAR	£75,000	£80,161	6% below HPI

255 BROAD LANES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 255 BROAD LANES sales from March 2004 and August 2019 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 March 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 255 BROAD LANES be worth now?

255 BROAD LANES might now be worth an estimated £122,562.

This is based on house price inflation of 35.4%, between August 2019 and June 2025, for terraced houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.4% inflationary increase is applied to the most recent sale price for 255 BROAD LANES of £90,500 on 2nd August 2019. For the value to have increased from £90,500 to £122,562 over the six years and two months to June 2025, the following assumptions must hold true:

• The value of 255 BROAD LANES has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The August 2019 sale price of £90,500 represented a fair market value for the property.
• The size, condition, and specification of 255 BROAD LANES has not materially changed since August 2019.

How Large is 255 BROAD LANES?

255 BROAD LANES is 70m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of terraced houses houses in Bilston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bilston, and where 255 BROAD LANES lies on this distribution: 5% of terraced houses houses are smaller than 255 BROAD LANES, and 94% of houses are larger. Note that EPC data is not available for all properties in Bilston.

255 BROAD LANES: Plot and Title Map

255 BROAD LANES sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 255 BROAD LANES, 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 255 BROAD LANES). 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 255 BROAD LANES?

255 BROAD LANES is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 255 on BROAD LANES.