3, WATERBRIDGE LANE, WOMBOURNE, WOLVERHAMPTON, WV5 8ER - £387,500

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 WATERBRIDGE LANE is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £387,500 in November 2017, which was around 26% above the average November 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

3 WATERBRIDGE LANE Sold Prices

Land registry data shows three sales for 3 WATERBRIDGE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 3 WATERBRIDGE LANE 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
2017 13 NOV	£387,500	£306,855	26% above HPI
2006 31 MAY	£365,000	£246,233	48% above HPI
2003 28 FEB	£260,000	£182,668	42% above HPI

3 WATERBRIDGE LANE 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 three 3 WATERBRIDGE LANE sales between February 2003 and November 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 May 2006 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the November 2017 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 WATERBRIDGE LANE?

3 WATERBRIDGE LANE is 123m² according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 3 WATERBRIDGE LANE lies on this distribution: 65% of detached houses are smaller than 3 WATERBRIDGE LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

3 WATERBRIDGE LANE: Plot and Title Map

3 WATERBRIDGE LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 3 WATERBRIDGE LANE, 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 WATERBRIDGE LANE). 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 WATERBRIDGE LANE?

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