2 Grotto Lane

    2, GROTTO LANE, WOLVERHAMPTON, WV6 9LP

    This detached freehold property on Grotto Lane last sold in September 2014 for £270,000. Based on price growth in the WV6 district since then, its estimated current value is £434,355 — placing it in the 72nd percentile nationally and the 81st percentile within WV6. The property covers 120 m² (1,292 sq ft), giving an estimated value of £3,620 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,292 sq ft

    120 m²

    Last Sale Price

    £270,000

    Sept 2014

    Estimated Valuation

    £434,355

    Est. £/sq ft

    £336/sq ft

    £3,620/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,292 sq ft (120 m²)
    EPC dateMay 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas, Electric underfloor heating

    Transaction History

    26 Sept 2014

    £270,000

    Key Metrics

    Estimated valuation£434,355
    Value per sq ft / m²£336/sq ft (£3,620/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile81st percentile
    National percentile72nd 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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