24 Lane Road

    24, LANE ROAD, LANESFIELD, WOLVERHAMPTON, WV4 6NG

    This detached freehold property on Lane Road last sold in August 2021 for £175,000. Based on price growth in the WV4 district since then, its estimated current value is £176,466 — placing it in the 19th percentile nationally and the 20th percentile within WV4. The property covers 69 m² (743 sq ft), giving an estimated value of £2,557 per m². The EPC rating is G, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £175,000

    Aug 2021

    Estimated Valuation

    £176,466

    Est. £/sq ft

    £238/sq ft

    £2,557/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentG
    EPC potentialD
    Floor area743 sq ft (69 m²)
    EPC dateOct 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    9 Aug 2021

    £175,000

    Key Metrics

    Estimated valuation£176,466
    Value per sq ft / m²£238/sq ft (£2,557/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV4 district percentile20th percentile
    National percentile19th percentile

    District Context — WV4

    WV4 covers central and eastern parts of Wolverhampton, including areas such as Bilston and Penn, situated in the West Midlands. The district offers a mix of residential neighbourhoods with good transport links and diverse housing stock, appealing to families and investors seeking affordable urban living.

    Average Property Price - WV4

    £257,731

    30

    National percentile

    Average Net Household Income - WV4

    £35,762

    36

    National percentile

    10-Year Annualised Price Growth - WV4

    4.7%

    83

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV4

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