5, ORMES LANE, WOLVERHAMPTON, WV6 8LL - £730,000

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.

5 ORMES LANE is a very large detached house of 250m², built in 2019, which could now be worth an estimated £951,474. It was last sold for £730,000 in May 2021, which was around 178% above the average May 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was B.

5 ORMES LANE Sold Prices

Land registry data shows one sale for 5 ORMES LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 27 MAY	£730,000	£262,791	178% above HPI

What might 5 ORMES LANE be worth now?

5 ORMES LANE might now be worth an estimated £951,474.

This is based on house price inflation of 30.3%, between May 2021 and April 2026, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.3% inflationary increase is applied to the most recent sale price for 5 ORMES LANE of £730,000 on 27th May 2021. For the value to have increased from £730,000 to £951,474 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 5 ORMES LANE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The May 2021 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ORMES LANE has not materially changed since May 2021.

How Large is 5 ORMES LANE?

5 ORMES LANE is 250m² according to the EPC inspection conducted in April 2021. This puts it in the largest 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 5 ORMES LANE lies on this distribution: 97% of detached houses are smaller than 5 ORMES LANE, and 3% of detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

5 ORMES LANE: Plot

5 ORMES LANE sits on a plot of roughly 0.152 of an acre, or 614m².

Where is 5 ORMES LANE?

5 ORMES LANE is located in WOLVERHAMPTON, in the WV6 postcode district.