2, THE HEATHLANDS, WOMBOURNE, WOLVERHAMPTON, WV5 8HF - £330,000

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

2 THE HEATHLANDS is a large detached house of 122m², built sometime between 1967 and 1975. It was last sold for £330,000 in April 2016, which was around 19% above the average April 2016 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

2 THE HEATHLANDS Sold Prices

Land registry data shows two sales for 2 THE HEATHLANDS 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 2 THE HEATHLANDS sales was for above the average price, whilst the other was roughly equal to 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 25 APR	£330,000	£277,573	19% above HPI
2010 15 JUN	£260,000	£259,163	Close to HPI

2 THE HEATHLANDS 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 THE HEATHLANDS sales from June 2010 and April 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 June 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 THE HEATHLANDS?

2 THE HEATHLANDS is 122m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 2 THE HEATHLANDS lies on this distribution: 64% of detached houses are smaller than 2 THE HEATHLANDS, and 35% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

2 THE HEATHLANDS: Plot and Title Map

2 THE HEATHLANDS sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 2 THE HEATHLANDS, 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 THE HEATHLANDS). 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 THE HEATHLANDS?

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