14, FURNACE CLOSE, WOMBOURNE, WOLVERHAMPTON, WV5 0PB - £98,000

14 FURNACE CLOSE is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £98,000 in July 1999, which was around 11% below the average July 1999 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

14 FURNACE CLOSE Sold Prices

Land registry data shows two sales for 14 FURNACE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 14 FURNACE 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
1999 13 JUL	£98,000	£109,853	11% below HPI
1996 30 AUG	£82,000	£91,399	10% below HPI

14 FURNACE 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 two 14 FURNACE CLOSE sales from August 1996 and July 1999 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 August 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 1999 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 14 FURNACE CLOSE?

14 FURNACE CLOSE is 95m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 14 FURNACE CLOSE lies on this distribution: 32% of detached houses are smaller than 14 FURNACE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

14 FURNACE CLOSE: Plot and Title Map

14 FURNACE CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 14 FURNACE 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 14 FURNACE 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 14 FURNACE CLOSE?

14 FURNACE CLOSE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 14 on FURNACE CLOSE.