1, WODEHOUSE CLOSE, WOMBOURNE, WOLVERHAMPTON, WV5 8JF - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WODEHOUSE CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £286,645. It was last sold for £260,000 in February 2022, which was around 34% below the average February 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

1 WODEHOUSE CLOSE Sold Prices

Land registry data shows three sales for 1 WODEHOUSE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 1 WODEHOUSE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 22 FEB	£260,000	£391,218	34% below HPI
2007 16 MAY	£199,950	£268,465	26% below HPI
2003 27 AUG	£153,950	£206,572	25% below HPI

1 WODEHOUSE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 1 WODEHOUSE CLOSE sales between August 2003 and February 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 1 WODEHOUSE CLOSE be worth now?

1 WODEHOUSE CLOSE might now be worth an estimated £286,645.

This is based on house price inflation of 10.2%, between February 2022 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.2% inflationary increase is applied to the most recent sale price for 1 WODEHOUSE CLOSE of £260,000 on 22nd February 2022. For the value to have increased from £260,000 to £286,645 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 WODEHOUSE CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The February 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WODEHOUSE CLOSE has not materially changed since February 2022.

How Large is 1 WODEHOUSE CLOSE?

1 WODEHOUSE CLOSE is 69m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombourne, and where 1 WODEHOUSE CLOSE lies on this distribution: 8% of detached houses houses are smaller than 1 WODEHOUSE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

1 WODEHOUSE CLOSE: Plot and Title Map

1 WODEHOUSE CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 1 WODEHOUSE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 WODEHOUSE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 WODEHOUSE CLOSE?

1 WODEHOUSE CLOSE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 1 on WODEHOUSE CLOSE.