197A, COMMON ROAD, WOMBOURNE, WOLVERHAMPTON, WV5 0LS - £340,000

197A COMMON ROAD is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £340,000 in May 2023, which was around 19% below the average May 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

197A COMMON ROAD Sold Prices

Land registry data shows two sales for 197A COMMON ROAD 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 197A COMMON ROAD 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
2023 26 MAY	£340,000	£419,533	19% below HPI
2022 7 JAN	£257,500	£402,357	36% below HPI

197A COMMON ROAD 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 197A COMMON ROAD sales from January 2022 and May 2023 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 January 2022 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 197A COMMON ROAD?

197A COMMON ROAD is 82m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 197A COMMON ROAD lies on this distribution: 18% of detached houses are smaller than 197A COMMON ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

197A COMMON ROAD: Plot and Title Map

197A COMMON ROAD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 197A COMMON ROAD, 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 197A COMMON ROAD). 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 197A COMMON ROAD?

197A COMMON ROAD is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 197A on COMMON ROAD.