25, THE LEAS, FEATHERSTONE, WOLVERHAMPTON, WV10 7AJ - £179,000

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

25 THE LEAS is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £179,000 in September 2021, which was around 52% below the average September 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

25 THE LEAS Sold Prices

Land registry data shows three sales for 25 THE LEAS since 1^st 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 25 THE LEAS 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
2021 23 SEP	£179,000	£372,565	52% below HPI
2013 15 AUG	£115,000	£258,215	55% below HPI
1999 10 SEP	£62,750	£110,686	43% below HPI

25 THE LEAS 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 three 25 THE LEAS sales between September 1999 and September 2021 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 August 2013 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the September 2021 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 25 THE LEAS?

25 THE LEAS is 88m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses in Featherstone, based on EPC data. The below chart shows the distribution of detached houses by size in Featherstone, and where 25 THE LEAS lies on this distribution: 38% of detached houses are smaller than 25 THE LEAS, and 60% of houses are larger. Note that EPC data is not available for all properties in Featherstone.

25 THE LEAS: Plot and Title Map

25 THE LEAS sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 25 THE LEAS, 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 25 THE LEAS). 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 25 THE LEAS?

25 THE LEAS is located in FEATHERSTONE, in the WV10 postcode district. The below map shows the position of No. 25 on THE LEAS.