2, HOLLOWAY DRIVE, WOMBOURNE, WOLVERHAMPTON, WV5 0PA - £203,000

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.

2 HOLLOWAY DRIVE is a very small detached house of 48m², built sometime between 1996 and 2002, which could now be worth an estimated £284,744. It was last sold for £203,000 in June 2017, which was around 34% below the average June 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

2 HOLLOWAY DRIVE Sold Prices

Land registry data shows two sales for 2 HOLLOWAY 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. Both of the two 2 HOLLOWAY DRIVE 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
2017 9 JUN	£203,000	£307,490	34% below HPI
2013 21 JUN	£133,000	£251,597	47% below HPI

2 HOLLOWAY 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 2 HOLLOWAY DRIVE sales from June 2013 and June 2017 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 June 2013 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2017 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2 HOLLOWAY DRIVE be worth now?

2 HOLLOWAY DRIVE might now be worth an estimated £284,744.

This is based on house price inflation of 40.3%, between June 2017 and February 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 40.3% inflationary increase is applied to the most recent sale price for 2 HOLLOWAY DRIVE of £203,000 on 9th June 2017. For the value to have increased from £203,000 to £284,744 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 2 HOLLOWAY DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The June 2017 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLLOWAY DRIVE has not materially changed since June 2017.

How Large is 2 HOLLOWAY DRIVE?

2 HOLLOWAY DRIVE is 48m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% 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 2 HOLLOWAY DRIVE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 HOLLOWAY DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

2 HOLLOWAY DRIVE: Plot and Title Map

2 HOLLOWAY DRIVE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 2 HOLLOWAY 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 2 HOLLOWAY 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 2 HOLLOWAY DRIVE?

2 HOLLOWAY DRIVE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 2 on HOLLOWAY DRIVE.