7, MARLBURN WAY, WOMBOURNE, WOLVERHAMPTON, WV5 8LA - £250,000

7 MARLBURN WAY is a small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £250,000 in September 2017, which was around 20% below the average September 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

7 MARLBURN WAY Sold Prices

Land registry data shows three sales for 7 MARLBURN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 7 MARLBURN WAY 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
2017 1 SEP	£250,000	£310,951	20% below HPI
2002 16 MAY	£132,500	£156,017	15% below HPI
2000 23 FEB	£96,500	£118,053	18% below HPI

7 MARLBURN 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 three 7 MARLBURN WAY sales between February 2000 and September 2017 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 May 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 MARLBURN WAY?

7 MARLBURN WAY is 89m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% 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 MARLBURN WAY lies on this distribution: 24% of detached houses are smaller than 7 MARLBURN WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

7 MARLBURN WAY: Plot and Title Map

7 MARLBURN WAY sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 7 MARLBURN 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 7 MARLBURN 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 7 MARLBURN WAY?

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