50A, MILL LANE, WILLENHALL, WV12 4QL - £292,500

50A MILL LANE is a very large extended detached house of 139m², built sometime between 1967 and 1975. It was last sold for £292,500 in August 2019, which was around 9% above the average August 2019 detached price in the Walsall local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

50A MILL LANE Sold Prices

Land registry data shows three sales for 50A MILL 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 Walsall local authority area for the corresponding sale date. Two of the three 50A MILL LANE sales were for above the average price, whilst one was 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	£292,500	£268,752	9% above HPI
2016 16 DEC	£273,000	£246,235	11% above HPI
2000 12 JUL	£88,950	£100,675	12% below HPI

50A 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 three 50A MILL LANE sales between July 2000 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 December 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 50A MILL LANE?

50A MILL LANE is 139m², which includes three extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 50A MILL LANE lies on this distribution: 85% of detached houses are smaller than 50A MILL LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

50A MILL LANE: Plot and Title Map

50A MILL LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 50A 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 50A 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 50A MILL LANE?

50A MILL LANE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 50A on MILL LANE.