16 Grove Lane

    16, GROVE LANE, WOLVERHAMPTON, WV6 8NJ

    This detached freehold property on Grove Lane last sold in November 2016 for £355,000. Based on price growth in the WV6 district since then, its estimated current value is £521,870 — placing it in the 81st percentile nationally and the 88th percentile within WV6. The property covers 154 m² (1,658 sq ft), giving an estimated value of £3,389 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,658 sq ft

    154 m²

    Last Sale Price

    £355,000

    Nov 2016

    Estimated Valuation

    £521,870

    Est. £/sq ft

    £315/sq ft

    £3,389/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,658 sq ft (154 m²)
    EPC dateMar 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Nov 2016

    £355,000

    5 May 2015

    £330,000

    18 Sept 2002

    £223,000

    Key Metrics

    Estimated valuation£521,870
    Value per sq ft / m²£315/sq ft (£3,389/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile88th percentile
    National percentile81st 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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