3, THE WATER GARDENS, WOLVERHAMPTON, WV4 5LH - £570,000

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

3 THE WATER GARDENS is a very large detached house of 185m², built sometime between 2007 and 2011. It was last sold for £570,000 in September 2022, which was around 38% above the average September 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

3 THE WATER GARDENS Sold Prices

Land registry data shows two sales for 3 THE WATER GARDENS 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 WATER GARDENS 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
2022 23 SEP	£570,000	£413,679	38% above HPI
2007 29 JUN	£615,000	£265,292	132% above HPI

3 THE WATER GARDENS 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 WATER GARDENS sales from June 2007 and September 2022 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 June 2007 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the September 2022 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 3 THE WATER GARDENS?

3 THE WATER GARDENS is 185m² according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 3 THE WATER GARDENS lies on this distribution: 89% of detached houses are smaller than 3 THE WATER GARDENS, and 10% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3 THE WATER GARDENS: Plot and Title Map

3 THE WATER GARDENS sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 3 THE WATER GARDENS, 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 WATER GARDENS). 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 WATER GARDENS?

3 THE WATER GARDENS is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 3 on THE WATER GARDENS.