51A Planks Lane, Wombourne, Wolverhampton, WV5 8DX is a leasehold flat built between 1950-1966. The property offers approximately 764 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £124,025 , which equates to approximately £162 per square foot. It was last sold on 30 Jul 2020 for £105,000. Since then, the value has increased by £19,025, representing a 18.1% increase, or approximately 3.4% per year.

The current estimated value of £124,025 is:

  • 62.4% lower than the average property price on Planks Lane
  • 60.7% lower than the average in the WV5 8DX postcode area
  • and 65.4% lower than the average price for Wolverhampton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 30 January 2020, the property was recorded as owner-occupied.

View sold house prices in WV5 8DX

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£124,025
Price Per sq ft (estimate)
£162
Bedroom Count (estimate)
2 bedrooms

EPC Summary

51A Planks Lane, Wombourne, Wolverhampton, South Staffordshire, Staffordshire, WV5 8DX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Jan 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Sep 2009. The rating of D is unchanged, though the energy efficiency score decreased by 1.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 50 mm loft insulation, changing energy efficiency from average to poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 34% of fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to WV5 8DX

18 th / 18
Price Rank
61% lower than average
13 th / 15
Size Rank
22% smaller than average
14 th / 15
Price Per Sq FT Rank
50% lower than average

Compared to other properties in WV5 8DX , this flat's estimated value ranks 18th out of 18. Based on price per square foot, it ranks 14th out of 15 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 13th out of 15 properties in its postcode area.

Sale History

Today
£124,025
streetscan.co.uk estimate
+18 %
30 Jul 2020
£105,000
Leasehold
+105.9 %
30 Nov 2012
£51,000
Leasehold
+44.4 %
16 Feb 2001
£35,310
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 1927 sq ft
sale price: £187,500
sale date: 17 Jul 2015
rooms: 4
size: 1044 sq ft
sale price: £269,950
sale date: 22 Nov 2018
rooms: 4
size: 807 sq ft
sale price: £210,000
sale date: 1 May 2018
rooms: 4
size: 689 sq ft
sale price: £135,000
sale date: 2 Oct 2009
rooms: 5
size: 1249 sq ft
sale price: £235,000
sale date: 18 Jul 2014

Data Sources

The property at 51A Planks Lane, Wombourne, Wolverhampton, WV5 8DX appears three times in the Land Registry records, with the latest transaction recorded on 30 Jul 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jan 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.