1, RICHMOND GARDENS, WOMBOURNE, WOLVERHAMPTON, WV5 0LQ - £595,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 RICHMOND GARDENS is a large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £595,000 in August 2022, which was around 47% above the average August 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

1 RICHMOND GARDENS Sold Prices

Land registry data shows two sales for 1 RICHMOND GARDENS 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 RICHMOND GARDENS 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
2022 19 AUG	£595,000	£403,614	47% above HPI
2018 26 MAR	£450,000	£319,057	41% above HPI

1 RICHMOND GARDENS 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 RICHMOND GARDENS sales from March 2018 and August 2022 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 March 2018 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 1 RICHMOND GARDENS?

1 RICHMOND GARDENS is 141m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 1 RICHMOND GARDENS lies on this distribution: 80% of detached houses are smaller than 1 RICHMOND GARDENS, and 20% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

1 RICHMOND GARDENS: Plot and Title Map

1 RICHMOND GARDENS sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 1 RICHMOND GARDENS, 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 RICHMOND GARDENS). 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 RICHMOND GARDENS?

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