28, REDCLIFFE DRIVE, WOMBOURNE, WOLVERHAMPTON, WV5 0JE - £305,000

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.

28 REDCLIFFE DRIVE is a small extended detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £405,363. It was last sold for £305,000 in July 2019, which was around 6% below the average July 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

28 REDCLIFFE DRIVE Sold Prices

Land registry data shows three sales for 28 REDCLIFFE DRIVE 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. One of the three 28 REDCLIFFE DRIVE sales was for below the average price, whilst two 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
2019 11 JUL	£305,000	£324,523	6% below HPI
2007 16 FEB	£265,000	£256,238	3% above HPI
2000 11 FEB	£120,000	£118,726	1% above HPI

28 REDCLIFFE 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 three 28 REDCLIFFE DRIVE sales between February 2000 and July 2019 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 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 28 REDCLIFFE DRIVE be worth now?

28 REDCLIFFE DRIVE might now be worth an estimated £405,363.

This is based on house price inflation of 32.9%, between July 2019 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 32.9% inflationary increase is applied to the most recent sale price for 28 REDCLIFFE DRIVE of £305,000 on 11th July 2019. For the value to have increased from £305,000 to £405,363 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 28 REDCLIFFE DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The July 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 28 REDCLIFFE DRIVE has not materially changed since July 2019.

How Large is 28 REDCLIFFE DRIVE?

28 REDCLIFFE DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% 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 28 REDCLIFFE DRIVE lies on this distribution: 38% of detached houses houses are smaller than 28 REDCLIFFE DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

28 REDCLIFFE DRIVE: Plot and Title Map

28 REDCLIFFE DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 28 REDCLIFFE 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 28 REDCLIFFE 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 28 REDCLIFFE DRIVE?

28 REDCLIFFE DRIVE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 28 on REDCLIFFE DRIVE.