3, REDCLIFFE DRIVE, WOMBOURNE, WOLVERHAMPTON, WV5 0JE - £154,000

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.

3 REDCLIFFE DRIVE is a small detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £465,650. It was last sold for £154,000 in February 2002, which was around 8% above the average February 2002 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

3 REDCLIFFE DRIVE Sold Prices

Land registry data shows two sales for 3 REDCLIFFE 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. One of the two 3 REDCLIFFE DRIVE sales was for above the average price, whilst the other 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
2002 8 FEB	£154,000	£142,643	8% above HPI
1996 24 MAY	£86,500	£89,957	4% below HPI

3 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 two 3 REDCLIFFE DRIVE sales from May 1996 and February 2002 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 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2002 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 REDCLIFFE DRIVE be worth now?

3 REDCLIFFE DRIVE might now be worth an estimated £465,650.

This is based on house price inflation of 202.4%, between February 2002 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 202.4% inflationary increase is applied to the most recent sale price for 3 REDCLIFFE DRIVE of £154,000 on 8th February 2002. For the value to have increased from £154,000 to £465,650 over the 23 years to February 2025, the following assumptions must hold true:

• The value of 3 REDCLIFFE DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The February 2002 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REDCLIFFE DRIVE has not materially changed since February 2002.

How Large is 3 REDCLIFFE DRIVE?

3 REDCLIFFE DRIVE is 99m² according to the EPC inspection conducted in February 2014. 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 3 REDCLIFFE DRIVE lies on this distribution: 36% of detached houses houses are smaller than 3 REDCLIFFE DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

3 REDCLIFFE DRIVE: Plot and Title Map

3 REDCLIFFE DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 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 3 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 3 REDCLIFFE DRIVE?

3 REDCLIFFE DRIVE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 3 on REDCLIFFE DRIVE.