OLD SMITHY, HIGH STREET, PATTINGHAM, WOLVERHAMPTON, WV6 7BQ - £400,000

OLD SMITHY is a large extended detached house of 140m², built sometime before 1900. It was last sold for £400,000 in October 2019, which was around 20% above the average October 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

OLD SMITHY Sold Prices

Land registry data shows three sales for OLD SMITHY 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 OLD SMITHY 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
2019 11 OCT	£400,000	£332,663	20% above HPI
2005 8 DEC	£365,000	£243,213	50% above HPI
2002 7 AUG	£249,000	£168,470	48% above HPI

OLD SMITHY 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 OLD SMITHY sales between August 2002 and October 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 December 2005 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2019 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is OLD SMITHY?

OLD SMITHY is 140m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Pattingham, based on EPC data. The below chart shows the distribution of detached houses by size in Pattingham, and where OLD SMITHY lies on this distribution: 68% of detached houses are smaller than OLD SMITHY, and 32% of houses are larger. Note that EPC data is not available for all properties in Pattingham.

OLD SMITHY: Plot and Title Map

OLD SMITHY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of OLD SMITHY, 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 OLD SMITHY). 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 OLD SMITHY?

OLD SMITHY is located on HIGH STREET in PATTINGHAM, in the WV6 postcode district. The below map shows the position of OLD SMITHY on HIGH STREET.