7, BANBERY DRIVE, WOMBOURNE, WOLVERHAMPTON, WV5 0AH - £275,000

7 BANBERY DRIVE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £275,000 in December 2020, which was around 23% below the average December 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

7 BANBERY DRIVE Sold Prices

Land registry data shows four sales for 7 BANBERY DRIVE 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 7 BANBERY DRIVE 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
2020 11 DEC	£275,000	£357,786	23% below HPI
2016 14 OCT	£229,950	£291,754	21% below HPI
2015 6 NOV	£215,000	£278,884	23% below HPI
2014 24 JAN	£159,950	£248,995	36% below HPI

7 BANBERY DRIVE 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 7 BANBERY DRIVE sales between January 2014 and December 2020 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 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 BANBERY DRIVE?

7 BANBERY DRIVE is 73m² according to the EPC inspection conducted in September 2015. 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 7 BANBERY DRIVE lies on this distribution: 10% of detached houses are smaller than 7 BANBERY DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

7 BANBERY DRIVE: Plot and Title Map

7 BANBERY DRIVE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 7 BANBERY DRIVE, 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 7 BANBERY DRIVE). 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 7 BANBERY DRIVE?

7 BANBERY DRIVE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 7 on BANBERY DRIVE.