11, CEDARS AVENUE, WOMBOURNE, WOLVERHAMPTON, WV5 0JX - £320,000

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

11 CEDARS AVENUE is a small extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £320,000 in October 2022, which was around 24% below the average October 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

11 CEDARS AVENUE Sold Prices

Land registry data shows three sales for 11 CEDARS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 11 CEDARS AVENUE 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 31 OCT	£320,000	£419,581	24% below HPI
2001 30 MAY	£124,995	£137,204	9% below HPI
1995 26 MAY	£75,750	£87,468	13% below HPI

11 CEDARS AVENUE 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 three 11 CEDARS AVENUE sales between May 1995 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 May 2001 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 falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 11 CEDARS AVENUE?

11 CEDARS AVENUE is 98m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 11 CEDARS AVENUE lies on this distribution: 34% of detached houses are smaller than 11 CEDARS AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

11 CEDARS AVENUE: Plot and Title Map

11 CEDARS AVENUE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 11 CEDARS AVENUE, 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 11 CEDARS AVENUE). 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 11 CEDARS AVENUE?

11 CEDARS AVENUE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 11 on CEDARS AVENUE.