3, THE WHEATLANDS, PERTON, WOLVERHAMPTON, WV6 7XP - £225,000

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 WHEATLANDS is a small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £225,000 in August 2017, which was around 27% below the average August 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

3 THE WHEATLANDS Sold Prices

Land registry data shows two sales for 3 THE WHEATLANDS 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 WHEATLANDS sales were 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
2017 4 AUG	£225,000	£310,269	27% below HPI
1997 21 AUG	£79,000	£97,985	19% below HPI

3 THE WHEATLANDS 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 WHEATLANDS sales from August 1997 and August 2017 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 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 THE WHEATLANDS?

3 THE WHEATLANDS is 81m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 3 THE WHEATLANDS lies on this distribution: 23% of detached houses are smaller than 3 THE WHEATLANDS, and 75% of houses are larger. Note that EPC data is not available for all properties in Perton.

3 THE WHEATLANDS: Plot and Title Map

3 THE WHEATLANDS sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 3 THE WHEATLANDS, 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 WHEATLANDS). 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 WHEATLANDS?

3 THE WHEATLANDS is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 3 on THE WHEATLANDS.