8 Grove Lane

    8, GROVE LANE, WOLVERHAMPTON, WV6 8NJ

    This detached freehold property on Grove Lane last sold in March 2023 for £475,000. Based on price growth in the WV6 district since then, its estimated current value is £508,196 — placing it in the 80th percentile nationally and the 87th percentile within WV6. The property covers 138 m² (1,485 sq ft), giving an estimated value of £3,683 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,485 sq ft

    138 m²

    Last Sale Price

    £475,000

    Mar 2023

    Estimated Valuation

    £508,196

    Est. £/sq ft

    £342/sq ft

    £3,683/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,485 sq ft (138 m²)
    EPC dateApr 2022
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2023

    £475,000

    7 Feb 2014

    £295,000

    Key Metrics

    Estimated valuation£508,196
    Value per sq ft / m²£342/sq ft (£3,683/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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