40, HOUGH WAY, ESSINGTON, WOLVERHAMPTON, WV11 2BR - £316,000

40 HOUGH WAY is a very large detached house of 174m², built sometime from 2007 onwards. It was last sold for £316,000 in January 2011, which was around 21% above the average January 2011 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was B.

40 HOUGH WAY Sold Prices

Land registry data shows two sales for 40 HOUGH WAY 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 40 HOUGH WAY sales were for above 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
2011 7 JAN	£316,000	£261,062	21% above HPI
2007 12 OCT	£341,950	£272,829	25% above HPI

40 HOUGH WAY 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 40 HOUGH WAY sales from October 2007 and January 2011 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 October 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2011 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 40 HOUGH WAY?

40 HOUGH WAY is 174m² according to the EPC inspection conducted in April 2009. This puts it in the largest 10% of detached houses in Essington, based on EPC data. The below chart shows the distribution of detached houses by size in Essington, and where 40 HOUGH WAY lies on this distribution: 96% of detached houses are smaller than 40 HOUGH WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Essington.

40 HOUGH WAY: Plot and Title Map

40 HOUGH WAY sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 40 HOUGH WAY, 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 40 HOUGH WAY). 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 40 HOUGH WAY?

40 HOUGH WAY is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 40 on HOUGH WAY.