14, CHESTNUT DRIVE, WOMBOURNE, WOLVERHAMPTON, WV5 0JF - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 CHESTNUT DRIVE is a small extended semi-detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £378,821. It was last sold for £225,000 in December 2006, which was around 44% above the average December 2006 semi-detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

14 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 14 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 14 CHESTNUT DRIVE 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
2006 7 DEC	£225,000	£156,348	44% above HPI
1998 21 AUG	£82,850	£60,105	38% above HPI

14 CHESTNUT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 14 CHESTNUT DRIVE sales from August 1998 and December 2006 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 August 1998 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2006 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 14 CHESTNUT DRIVE be worth now?

14 CHESTNUT DRIVE might now be worth an estimated £378,821.

This is based on house price inflation of 68.4%, between December 2006 and February 2025, for semi-detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.4% inflationary increase is applied to the most recent sale price for 14 CHESTNUT DRIVE of £225,000 on 7th December 2006. For the value to have increased from £225,000 to £378,821 over the nineteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 CHESTNUT DRIVE has moved in line with the HPI for semi-detached houses in the South Staffordshire local authority area.
• The December 2006 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CHESTNUT DRIVE has not materially changed since December 2006.

How Large is 14 CHESTNUT DRIVE?

14 CHESTNUT DRIVE is 102m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of semi-detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wombourne, and where 14 CHESTNUT DRIVE lies on this distribution: 40% of semi-detached houses houses are smaller than 14 CHESTNUT DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

14 CHESTNUT DRIVE: Plot and Title Map

14 CHESTNUT DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 14 CHESTNUT DRIVE, 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 14 CHESTNUT DRIVE). 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 14 CHESTNUT DRIVE?

14 CHESTNUT DRIVE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 14 on CHESTNUT DRIVE.