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
2A REDCLIFFE DRIVE is a small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £350,000 in October 2020, which was around 3% above the average October 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2A REDCLIFFE DRIVE 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. Two of the three 2A REDCLIFFE DRIVE sales were for above the average price, whilst one was 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 9 OCT | £350,000 | £339,283 | 3% above HPI |
2015 27 AUG | £199,000 | £280,093 | 29% below HPI |
2006 6 JUL | £264,000 | £252,355 | 5% 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 2A REDCLIFFE DRIVE sales between July 2006 and October 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 August 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
2A REDCLIFFE DRIVE is 101m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 2A REDCLIFFE DRIVE lies on this distribution: 38% of detached houses are smaller than 2A REDCLIFFE DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wombourne.
2A REDCLIFFE DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 2A 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 2A 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.
2A REDCLIFFE DRIVE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 2A on REDCLIFFE DRIVE.