14 Ormes Lane

    14, ORMES LANE, WOLVERHAMPTON, WV6 8LL

    This detached freehold property on Ormes Lane last sold in November 2015 for £395,000. Based on price growth in the WV6 district since then, its estimated current value is £621,457 — placing it in the 87th percentile nationally and the 93rd percentile within WV6. The property covers 184 m² (1,981 sq ft), giving an estimated value of £3,377 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,981 sq ft

    184 m²

    Last Sale Price

    £395,000

    Nov 2015

    Estimated Valuation

    £621,457

    Est. £/sq ft

    £314/sq ft

    £3,377/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,981 sq ft (184 m²)
    EPC dateJul 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2015

    £395,000

    6 Oct 2009

    £429,950

    Key Metrics

    Estimated valuation£621,457
    Value per sq ft / m²£314/sq ft (£3,377/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile93rd percentile
    National percentile87th percentile

    District Context — WV6

    WV6 covers parts of Wolverhampton and surrounding areas in the West Midlands, positioned in the central belt of the region. It is a mixed residential neighbourhood with a diverse community and moderate housing demand.

    Average Property Price - WV6

    £308,353

    44

    National percentile

    Average Net Household Income - WV6

    £28,768

    6

    National percentile

    10-Year Annualised Price Growth - WV6

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV6

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