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
22 WEDGWOOD CLOSE is a very large extended detached house of 148m², built sometime between 1991 and 1995. It was last sold for £169,500 in May 2001, which was around 24% above the average May 2001 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 22 WEDGWOOD CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 22 WEDGWOOD CLOSE 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 |
---|---|---|---|
2001 3 MAY | £169,500 | £137,204 | 24% above HPI |
1999 26 FEB | £130,000 | £105,035 | 24% above HPI |
1995 17 NOV | £132,950 | £90,130 | 48% above HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 22 WEDGWOOD CLOSE sales between November 1995 and May 2001 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 February 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2001 sale, which was also at 24% above the HPI.
22 WEDGWOOD CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 22 WEDGWOOD CLOSE lies on this distribution: 82% of detached houses are smaller than 22 WEDGWOOD CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Wombourne.
22 WEDGWOOD CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 22 WEDGWOOD CLOSE, 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 22 WEDGWOOD CLOSE). 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.
22 WEDGWOOD CLOSE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 22 on WEDGWOOD CLOSE.