5 Lanes Close

    5, LANES CLOSE, WOMBOURNE, WOLVERHAMPTON, WV5 8JD

    This terraced freehold property on Lanes Close last sold in January 2015 for £125,000. Based on price growth in the WV5 district since then, its estimated current value is £228,214 — placing it in the 32nd percentile nationally and the 16th percentile within WV5. The property covers 52 m² (560 sq ft), giving an estimated value of £4,389 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £125,000

    Jan 2015

    Estimated Valuation

    £228,214

    Est. £/sq ft

    £408/sq ft

    £4,389/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateApr 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Jan 2015

    £125,000

    16 Mar 2007

    £133,000

    Key Metrics

    Estimated valuation£228,214
    Value per sq ft / m²£408/sq ft (£4,389/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV5 district percentile16th percentile
    National percentile32nd percentile

    District Context — WV5

    WV5 covers Wolverhampton's suburban and semi-rural areas, positioned in the West Midlands. It is an established residential district with a notably mature population profile and relatively high owner-occupation.

    Average Property Price - WV5

    £368,891

    60

    National percentile

    Average Net Household Income - WV5

    £36,169

    39

    National percentile

    10-Year Annualised Price Growth - WV5

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV5

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