8, LILAC LANE, WALSALL, WS6 6HQ - £153,500

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.

8 LILAC LANE is a small extended terraced house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £236,260. It was last sold for £153,500 in October 2015, which was around 4% above the average October 2015 terraced price in the South Staffordshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

8 LILAC LANE Sold Prices

Land registry data shows two sales for 8 LILAC LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 8 LILAC 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
2015 28 OCT	£153,500	£147,743	4% above HPI
2010 10 DEC	£145,000	£135,644	7% above HPI

8 LILAC LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 8 LILAC LANE sales from December 2010 and October 2015 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 2010 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 8 LILAC LANE be worth now?

8 LILAC LANE might now be worth an estimated £236,260.

This is based on house price inflation of 53.9%, between October 2015 and June 2025, for terraced houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.9% inflationary increase is applied to the most recent sale price for 8 LILAC LANE of £153,500 on 28th October 2015. For the value to have increased from £153,500 to £236,260 over the ten years and four months to June 2025, the following assumptions must hold true:

• The value of 8 LILAC LANE has moved in line with the HPI for terraced houses in the South Staffordshire local authority area.
• The October 2015 sale price of £153,500 represented a fair market value for the property.
• The size, condition, and specification of 8 LILAC LANE has not materially changed since October 2015.

How Large is 8 LILAC LANE?

8 LILAC LANE is 83m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of terraced houses houses in Great Wyrley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Great Wyrley, and where 8 LILAC LANE lies on this distribution: 20% of terraced houses houses are smaller than 8 LILAC LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

8 LILAC LANE: Plot and Title Map

8 LILAC LANE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 LILAC 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 8 LILAC 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 8 LILAC LANE?

8 LILAC LANE is located in WALSALL, in the WS6 postcode district. The below map shows the position of No. 8 on LILAC LANE.