1, JOHN WESLEY WAY, WEDNESBURY, WS10 0BX - £292,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 JOHN WESLEY WAY is a very large detached house of 151m², built sometime between 2003 and 2006. It was last sold for £292,000 in June 2008, which was around 50% above the average June 2008 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

1 JOHN WESLEY WAY Sold Prices

Land registry data shows two sales for 1 JOHN WESLEY 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 Sandwell local authority area for the corresponding sale date. Both of the two 1 JOHN WESLEY 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
2008 20 JUN	£292,000	£194,753	50% above HPI
2005 29 JUL	£302,500	£177,693	70% above HPI

1 JOHN WESLEY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 1 JOHN WESLEY WAY sales from July 2005 and June 2008 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 July 2005 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the June 2008 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 1 JOHN WESLEY WAY?

1 JOHN WESLEY WAY is 151m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wednesbury, and where 1 JOHN WESLEY WAY lies on this distribution: 88% of detached houses are smaller than 1 JOHN WESLEY WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

1 JOHN WESLEY WAY: Plot and Title Map

1 JOHN WESLEY WAY sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 1 JOHN WESLEY 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 1 JOHN WESLEY 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 1 JOHN WESLEY WAY?

1 JOHN WESLEY WAY is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 1 on JOHN WESLEY WAY.