3, THE PADDOCK, COVEN, WOLVERHAMPTON, WV9 5JW - £287,500

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 THE PADDOCK is a very large extended detached house of 183m², built sometime between 1976 and 1982, which could now be worth an estimated £500,604. It was last sold for £287,500 in May 2013, which was around 16% above the average May 2013 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.

3 THE PADDOCK Sold Prices

Land registry data shows two sales for 3 THE PADDOCK 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. Both of the two 3 THE PADDOCK sales 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
2013 29 MAY	£287,500	£247,704	16% above HPI
2002 31 MAY	£212,500	£156,907	35% above HPI

3 THE PADDOCK 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 THE PADDOCK sales from May 2002 and May 2013 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 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2013 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 3 THE PADDOCK be worth now?

3 THE PADDOCK might now be worth an estimated £500,604.

This is based on house price inflation of 74.1%, between May 2013 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 74.1% inflationary increase is applied to the most recent sale price for 3 THE PADDOCK of £287,500 on 29th May 2013. For the value to have increased from £287,500 to £500,604 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 3 THE PADDOCK has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The May 2013 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 3 THE PADDOCK has not materially changed since May 2013.

How Large is 3 THE PADDOCK?

3 THE PADDOCK is 183m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses houses in Coven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coven, and where 3 THE PADDOCK lies on this distribution: 95% of detached houses houses are smaller than 3 THE PADDOCK, and 5% of houses are larger. Note that EPC data is not available for all properties in Coven.

3 THE PADDOCK: Plot and Title Map

3 THE PADDOCK sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 3 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

3 THE PADDOCK is located in COVEN, in the WV9 postcode district. The below map shows the position of No. 3 on THE PADDOCK.