16, GRIFFITHS DRIVE, WOMBOURNE, WOLVERHAMPTON, WV5 0JW - £249,999

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

16 GRIFFITHS DRIVE is a midsized extended detached house of 105m², built sometime between 1991 and 1995. It was last sold for £249,999 in December 2006, which was about the average December 2006 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

16 GRIFFITHS DRIVE Sold Prices

Land registry data shows two sales for 16 GRIFFITHS DRIVE 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 16 GRIFFITHS DRIVE sales was roughly equal to the average price, whilst the other was 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 13 DEC	£249,999	£249,085	Close to HPI
2002 1 MAR	£155,000	£144,397	7% above HPI

16 GRIFFITHS DRIVE 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 16 GRIFFITHS DRIVE sales from March 2002 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 March 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2006 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 16 GRIFFITHS DRIVE?

16 GRIFFITHS DRIVE is 105m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 16 GRIFFITHS DRIVE lies on this distribution: 44% of detached houses are smaller than 16 GRIFFITHS DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

16 GRIFFITHS DRIVE: Plot and Title Map

16 GRIFFITHS DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 16 GRIFFITHS 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 16 GRIFFITHS 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 16 GRIFFITHS DRIVE?

16 GRIFFITHS DRIVE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 16 on GRIFFITHS DRIVE.