9, ELMS LANE, SHARESHILL, WOLVERHAMPTON, WV10 7JS - £680,000

9 ELMS LANE is a small detached house of 127m², built sometime between 1950 and 1966. It was last sold for £680,000 in July 2023, which was around 64% above the average July 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

9 ELMS LANE Sold Prices

Land registry data shows two sales for 9 ELMS 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 South Staffordshire local authority area for the corresponding sale date. One of the two 9 ELMS LANE sales was for above the average price, whilst the other was 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 17 JUL	£680,000	£414,366	64% above HPI
2016 15 MAR	£240,000	£279,726	14% below HPI

9 ELMS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 9 ELMS LANE sales from March 2016 and July 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 March 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2023 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 9 ELMS LANE?

9 ELMS LANE is 127m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses in Shareshill, based on EPC data. The below chart shows the distribution of detached houses by size in Shareshill, and where 9 ELMS LANE lies on this distribution: 27% of detached houses are smaller than 9 ELMS LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Shareshill.

9 ELMS LANE: Plot and Title Map

9 ELMS LANE sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 9 ELMS 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 9 ELMS 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 9 ELMS LANE?

9 ELMS LANE is located in SHARESHILL, in the WV10 postcode district. The below map shows the position of No. 9 on ELMS LANE.