77, MILL LANE, TETTENHALL WOOD, WOLVERHAMPTON, WV6 8HE - £245,000

77 MILL LANE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £245,000 in October 2023, which was around 26% below the average October 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

77 MILL LANE Sold Prices

Land registry data shows four sales for 77 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 77 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
2023 26 OCT	£245,000	£329,670	26% below HPI
2020 9 OCT	£227,500	£262,930	13% below HPI
2017 6 SEP	£197,000	£228,627	14% below HPI
2015 29 APR	£177,000	£194,482	9% below HPI

77 MILL 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 four 77 MILL LANE sales between April 2015 and October 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 October 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 77 MILL LANE?

77 MILL LANE is 56m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 77 MILL LANE lies on this distribution: 2% of detached houses are smaller than 77 MILL LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

77 MILL LANE: Plot and Title Map

77 MILL LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 77 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 77 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 77 MILL LANE?

77 MILL LANE is located in TETTENHALL WOOD, in the WV6 postcode district. The below map shows the position of No. 77 on MILL LANE.