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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 THE PADDOCK is a very large extended detached house of 183m², built sometime between 1976 and 1982. It was last sold for £287,500 in May 2013, which was around 17% 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	£246,299	17% above HPI
2002 31 MAY	£212,500	£156,017	36% 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 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the May 2013 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

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 in Coven, based on EPC data. The below chart shows the distribution of detached houses by size in Coven, and where 3 THE PADDOCK lies on this distribution: 95% of detached 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.