8, THE WARINGS, WOMBOURNE, WOLVERHAMPTON, WV5 0DQ - £175,000

8 THE WARINGS is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £175,000 in September 2006, which was around 32% below the average September 2006 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

8 THE WARINGS Sold Prices

Land registry data shows two sales for 8 THE WARINGS 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 8 THE WARINGS 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
2006 28 SEP	£175,000	£256,439	32% below HPI
1996 28 OCT	£58,950	£90,625	35% below HPI

8 THE WARINGS 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 8 THE WARINGS sales from October 1996 and September 2006 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 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2006 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 THE WARINGS?

8 THE WARINGS is 75m² according to the EPC inspection conducted in April 2014. 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 8 THE WARINGS lies on this distribution: 11% of detached houses are smaller than 8 THE WARINGS, and 88% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

8 THE WARINGS: Plot and Title Map

8 THE WARINGS sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 8 THE WARINGS, 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 8 THE WARINGS). 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 8 THE WARINGS?

8 THE WARINGS is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 8 on THE WARINGS.