25, FURNACE CLOSE, WOMBOURNE, WOLVERHAMPTON, WV5 0PB - £215,000

25 FURNACE CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £215,000 in January 2019, which was around 34% below the average January 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

25 FURNACE CLOSE Sold Prices

Land registry data shows four sales for 25 FURNACE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 25 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
2019 9 JAN	£215,000	£323,538	34% below HPI
2015 16 JAN	£187,000	£266,354	30% below HPI
2005 6 JAN	£160,000	£242,787	34% below HPI
1999 29 OCT	£83,500	£111,475	25% below HPI

25 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 four 25 FURNACE CLOSE sales between October 1999 and January 2019 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 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 25 FURNACE CLOSE?

25 FURNACE CLOSE is 70m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 25 FURNACE CLOSE lies on this distribution: 9% of detached houses are smaller than 25 FURNACE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

25 FURNACE CLOSE: Plot and Title Map

25 FURNACE CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 25 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 25 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 25 FURNACE CLOSE?

25 FURNACE CLOSE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 25 on FURNACE CLOSE.