1, LOCKSIDE, WOMBOURNE, WOLVERHAMPTON, WV5 8AU - £248,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 LOCKSIDE is a small detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £423,487. It was last sold for £248,000 in June 2014, which was around 2% below the average June 2014 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 LOCKSIDE Sold Prices

Land registry data shows two sales for 1 LOCKSIDE 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 1 LOCKSIDE 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
2014 6 JUN	£248,000	£252,581	2% below HPI
1995 27 OCT	£89,000	£90,279	1% below HPI

1 LOCKSIDE 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 1 LOCKSIDE sales from October 1995 and June 2014 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 1995 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 LOCKSIDE be worth now?

1 LOCKSIDE might now be worth an estimated £423,487.

This is based on house price inflation of 70.8%, between June 2014 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.8% inflationary increase is applied to the most recent sale price for 1 LOCKSIDE of £248,000 on 6th June 2014. For the value to have increased from £248,000 to £423,487 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 1 LOCKSIDE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The June 2014 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LOCKSIDE has not materially changed since June 2014.

How Large is 1 LOCKSIDE?

1 LOCKSIDE is 99m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombourne, and where 1 LOCKSIDE lies on this distribution: 36% of detached houses houses are smaller than 1 LOCKSIDE, and 63% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

1 LOCKSIDE: Plot and Title Map

1 LOCKSIDE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 1 LOCKSIDE, 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 LOCKSIDE). 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 LOCKSIDE?

1 LOCKSIDE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 1 on LOCKSIDE.