1, THE HEDGES, WOMBOURNE, WOLVERHAMPTON, WV5 8LD - £385,000

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 THE HEDGES is a small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £385,000 in October 2022, which was around 8% below the average October 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was B.

1 THE HEDGES Sold Prices

Land registry data shows two sales for 1 THE HEDGES 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 THE HEDGES 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
2022 6 OCT	£385,000	£419,581	8% below HPI
2014 19 SEP	£239,950	£262,562	9% below HPI

1 THE HEDGES 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 THE HEDGES sales from September 2014 and October 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 September 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1 THE HEDGES?

1 THE HEDGES is 95m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% 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 THE HEDGES lies on this distribution: 31% of detached houses are smaller than 1 THE HEDGES, and 68% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

1 THE HEDGES: Plot and Title Map

1 THE HEDGES sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 1 THE HEDGES, 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 THE HEDGES). 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 THE HEDGES?

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