1, SILVERWOOD, WOMBOURNE, WOLVERHAMPTON, WV5 8AB - £500,000

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 SILVERWOOD is a very large extended detached house of 158m², built sometime from 2007 onwards. It was last sold for £500,000 in February 2021, which was around 38% above the average February 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 SILVERWOOD Sold Prices

Land registry data shows four sales for 1 SILVERWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 1 SILVERWOOD 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
2021 5 FEB	£500,000	£361,193	38% above HPI
2014 14 NOV	£365,000	£264,822	38% above HPI
2011 13 DEC	£362,500	£250,919	44% above HPI
2010 30 SEP	£375,000	£265,706	41% above HPI

1 SILVERWOOD 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 four 1 SILVERWOOD sales between September 2010 and February 2021 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 November 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2021 sale, which was also at 38% above the HPI.

How Large is 1 SILVERWOOD?

1 SILVERWOOD is 158m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 1 SILVERWOOD lies on this distribution: 86% of detached houses are smaller than 1 SILVERWOOD, and 14% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

1 SILVERWOOD: Plot and Title Map

1 SILVERWOOD sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 1 SILVERWOOD, 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 SILVERWOOD). 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 SILVERWOOD?

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