11, THE BROADWAY, WOMBOURNE, WOLVERHAMPTON, WV5 0HU - £154,950

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

11 THE BROADWAY is a very small extended detached house of 50m², built sometime between 1950 and 1966. It was last sold for £154,950 in May 2003, which was around 22% below the average May 2003 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

11 THE BROADWAY Sold Prices

Land registry data shows two sales for 11 THE BROADWAY 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 11 THE BROADWAY 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
2003 9 MAY	£154,950	£198,934	22% below HPI
2002 30 MAY	£97,500	£156,017	38% below HPI

11 THE BROADWAY 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 11 THE BROADWAY sales from May 2002 and May 2003 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 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2003 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 11 THE BROADWAY?

11 THE BROADWAY is 50m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 THE BROADWAY lies on this distribution: Less than 1% of detached houses are smaller than 11 THE BROADWAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

11 THE BROADWAY: Plot and Title Map

11 THE BROADWAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 11 THE BROADWAY, 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 THE BROADWAY). 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 THE BROADWAY?

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