24 Grove Lane

    24, GROVE LANE, WOLVERHAMPTON, WV6 8NJ

    This detached freehold property on Grove Lane last sold in July 2020 for £435,000. Based on price growth in the WV6 district since then, its estimated current value is £509,442 — placing it in the 80th percentile nationally and the 87th percentile within WV6. The property covers 216 m² (2,325 sq ft), giving an estimated value of £2,359 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,325 sq ft

    216 m²

    Last Sale Price

    £435,000

    Jul 2020

    Estimated Valuation

    £509,442

    Est. £/sq ft

    £219/sq ft

    £2,359/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,325 sq ft (216 m²)
    EPC dateSept 2012
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jul 2020

    £435,000

    26 Jun 2015

    £380,000

    17 Sept 2001

    £205,000

    31 Oct 1997

    £125,000

    Key Metrics

    Estimated valuation£509,442
    Value per sq ft / m²£219/sq ft (£2,359/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile87th percentile
    National percentile80th 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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