29, MARLBURN WAY, WOMBOURNE, WOLVERHAMPTON, WV5 8LA - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 MARLBURN WAY is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £240,000 in June 2015, which was around 12% below the average June 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

29 MARLBURN WAY Sold Prices

Land registry data shows three sales for 29 MARLBURN WAY 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 29 MARLBURN WAY 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
2015 19 JUN	£240,000	£271,226	12% below HPI
2008 12 DEC	£225,000	£260,828	14% below HPI
2002 26 JUN	£143,000	£163,519	13% below HPI

29 MARLBURN WAY 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 29 MARLBURN WAY sales between June 2002 and June 2015 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 December 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 29 MARLBURN WAY?

29 MARLBURN WAY is 81m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 29 MARLBURN WAY lies on this distribution: 16% of detached houses are smaller than 29 MARLBURN WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

29 MARLBURN WAY: Plot and Title Map

29 MARLBURN WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 29 MARLBURN WAY, 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 29 MARLBURN WAY). 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 29 MARLBURN WAY?

29 MARLBURN WAY is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 29 on MARLBURN WAY.