52, MILL LANE, WILLENHALL, WV12 4QL - £191,000

52 MILL LANE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £191,000 in May 2017, which was around 23% below the average May 2017 detached price in the Walsall local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

52 MILL LANE Sold Prices

Land registry data shows two sales for 52 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 52 MILL LANE 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
2017 12 MAY	£191,000	£247,182	23% below HPI
2004 8 APR	£156,500	£180,070	13% below HPI

52 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 52 MILL LANE sales from April 2004 and May 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 April 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 52 MILL LANE?

52 MILL LANE is 74m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 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 52 MILL LANE lies on this distribution: 15% of detached houses are smaller than 52 MILL LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

52 MILL LANE: Plot and Title Map

52 MILL LANE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 52 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 52 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 52 MILL LANE?

52 MILL LANE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 52 on MILL LANE.