24, CHESTNUT DRIVE, WOMBOURNE, WOLVERHAMPTON, WV5 0JF - £339,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 CHESTNUT DRIVE is a midsized detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £433,615. It was last sold for £339,000 in November 2020, which was around 3% below the average November 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was D.

24 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 24 CHESTNUT 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 24 CHESTNUT 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
2020 12 NOV	£339,000	£350,267	3% below HPI
2014 30 MAY	£240,000	£251,588	5% below HPI

24 CHESTNUT 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 24 CHESTNUT DRIVE sales from May 2014 and November 2020 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 May 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 24 CHESTNUT DRIVE be worth now?

24 CHESTNUT DRIVE might now be worth an estimated £433,615.

This is based on house price inflation of 27.9%, between November 2020 and December 2024, 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 27.9% inflationary increase is applied to the most recent sale price for 24 CHESTNUT DRIVE of £339,000 on 12th November 2020. For the value to have increased from £339,000 to £433,615 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 24 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2020 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CHESTNUT DRIVE has not materially changed since November 2020.

How Large is 24 CHESTNUT DRIVE?

24 CHESTNUT DRIVE is 110m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% 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 24 CHESTNUT DRIVE lies on this distribution: 50% of detached houses houses are smaller than 24 CHESTNUT DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

24 CHESTNUT DRIVE: Plot and Title Map

24 CHESTNUT DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 24 CHESTNUT 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 24 CHESTNUT 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 24 CHESTNUT DRIVE?

24 CHESTNUT DRIVE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 24 on CHESTNUT DRIVE.