48, MILL LANE, WILLENHALL, WV12 4QL - £350,000

48 MILL LANE is a very large extended detached house of 472m², built sometime between 1950 and 1966. It was last sold for £350,000 in December 2012, which was around 73% above the average December 2012 detached price in the Walsall local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.

48 MILL LANE Sold Prices

Land registry data shows two sales for 48 MILL 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 Walsall local authority area for the corresponding sale date. Both of the two 48 MILL 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
2012 20 DEC	£350,000	£202,762	73% above HPI
2004 13 AUG	£202,000	£194,440	4% above HPI

48 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 48 MILL LANE sales from August 2004 and December 2012 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 August 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2012 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 48 MILL LANE?

48 MILL LANE is 472m², which includes three extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 48 MILL LANE lies on this distribution: More than 99% of detached houses are smaller than 48 MILL LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

48 MILL LANE: Plot and Title Map

48 MILL LANE sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of 48 MILL 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 48 MILL 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 48 MILL LANE?

48 MILL LANE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 48 on MILL LANE.