7, ORMES LANE, WOLVERHAMPTON, WV6 8LL - £570,000

7 ORMES LANE is a midsized extended detached house of 114m², built sometime before 1900. It was last sold for £570,000 in June 2023, which was around 76% above the average June 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

7 ORMES LANE Sold Prices

Land registry data shows two sales for 7 ORMES 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 Wolverhampton local authority area for the corresponding sale date. Both of the two 7 ORMES 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
2023 30 JUN	£570,000	£324,176	76% above HPI
1995 29 DEC	£113,000	£67,279	68% above HPI

7 ORMES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 7 ORMES LANE sales from December 1995 and June 2023 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 1995 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the June 2023 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is 7 ORMES LANE?

7 ORMES LANE is 114m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 7 ORMES LANE lies on this distribution: 58% of detached houses are smaller than 7 ORMES LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

7 ORMES LANE: Plot and Title Map

7 ORMES LANE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 7 ORMES 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 7 ORMES 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 7 ORMES LANE?

7 ORMES LANE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 7 on ORMES LANE.