51, SNEYD LANE, ESSINGTON, WOLVERHAMPTON, WV11 2DU - £239,990

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.

51 SNEYD LANE is a small extended terraced house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £316,038. It was last sold for £239,990 in July 2020, which was around 68% above the average July 2020 terraced price in the Walsall local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

51 SNEYD LANE Sold Prices

Land registry data shows three sales for 51 SNEYD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. All of the three 51 SNEYD 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
2020 17 JUL	£239,990	£143,064	68% above HPI
2003 9 MAY	£131,500	£70,350	87% above HPI
1996 23 AUG	£63,500	£37,210	71% above HPI

51 SNEYD LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Walsall local authority area over time, sourced from the HPI. The three 51 SNEYD LANE sales between August 1996 and July 2020 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 May 2003 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the July 2020 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 51 SNEYD LANE be worth now?

51 SNEYD LANE might now be worth an estimated £316,038.

This is based on house price inflation of 31.7%, between July 2020 and July 2025, for terraced houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.7% inflationary increase is applied to the most recent sale price for 51 SNEYD LANE of £239,990 on 17th July 2020. For the value to have increased from £239,990 to £316,038 over the five years to July 2025, the following assumptions must hold true:

• The value of 51 SNEYD LANE has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The July 2020 sale price of £239,990 represented a fair market value for the property.
• The size, condition, and specification of 51 SNEYD LANE has not materially changed since July 2020.

How Large is 51 SNEYD LANE?

51 SNEYD LANE is 82m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of terraced houses houses in Willenhall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Willenhall, and where 51 SNEYD LANE lies on this distribution: 24% of terraced houses houses are smaller than 51 SNEYD LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

51 SNEYD LANE: Plot and Title Map

51 SNEYD LANE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 51 SNEYD 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 51 SNEYD 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 51 SNEYD LANE?

51 SNEYD LANE is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 51 on SNEYD LANE.