15, GREENLANDS, WOMBOURNE, WOLVERHAMPTON, WV5 8DP - £310,000

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.

15 GREENLANDS is a very small extended detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £443,460. It was last sold for £310,000 in November 2016, which was around 4% above the average November 2016 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

15 GREENLANDS Sold Prices

Land registry data shows two sales for 15 GREENLANDS 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. One of the two 15 GREENLANDS sales was for above the average price, whilst the other was 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
2016 11 NOV	£310,000	£296,683	4% above HPI
2013 16 AUG	£194,950	£259,688	25% below HPI

15 GREENLANDS 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 15 GREENLANDS sales from August 2013 and November 2016 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 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2016 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 15 GREENLANDS be worth now?

15 GREENLANDS might now be worth an estimated £443,460.

This is based on house price inflation of 43.1%, between November 2016 and March 2025, for 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 43.1% inflationary increase is applied to the most recent sale price for 15 GREENLANDS of £310,000 on 11th November 2016. For the value to have increased from £310,000 to £443,460 over the nine years and eight months to March 2025, the following assumptions must hold true:

• The value of 15 GREENLANDS has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GREENLANDS has not materially changed since November 2016.

How Large is 15 GREENLANDS?

15 GREENLANDS is 85m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombourne, and where 15 GREENLANDS lies on this distribution: 20% of detached houses houses are smaller than 15 GREENLANDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

15 GREENLANDS: Plot and Title Map

15 GREENLANDS sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 15 GREENLANDS, 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 15 GREENLANDS). 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 15 GREENLANDS?

15 GREENLANDS is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 15 on GREENLANDS.