31, LADYWELL CLOSE, WOMBOURNE, WOLVERHAMPTON, WV5 9AH - £264,000

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.

31 LADYWELL CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £351,268. It was last sold for £264,000 in November 2018, which was around 19% below the average November 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

31 LADYWELL CLOSE Sold Prices

Land registry data shows two sales for 31 LADYWELL CLOSE 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 31 LADYWELL CLOSE 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
2018 23 NOV	£264,000	£324,157	19% below HPI
2018 19 JUL	£190,000	£311,124	39% below HPI

31 LADYWELL CLOSE 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 31 LADYWELL CLOSE sales from July 2018 and November 2018 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 July 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 31 LADYWELL CLOSE be worth now?

31 LADYWELL CLOSE might now be worth an estimated £351,268.

This is based on house price inflation of 33.1%, between November 2018 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 33.1% inflationary increase is applied to the most recent sale price for 31 LADYWELL CLOSE of £264,000 on 23rd November 2018. For the value to have increased from £264,000 to £351,268 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 31 LADYWELL CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2018 sale price of £264,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LADYWELL CLOSE has not materially changed since November 2018.

How Large is 31 LADYWELL CLOSE?

31 LADYWELL CLOSE is 77m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombourne, and where 31 LADYWELL CLOSE lies on this distribution: 14% of detached houses houses are smaller than 31 LADYWELL CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

31 LADYWELL CLOSE: Plot and Title Map

31 LADYWELL CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 31 LADYWELL CLOSE, 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 31 LADYWELL CLOSE). 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 31 LADYWELL CLOSE?

31 LADYWELL CLOSE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 31 on LADYWELL CLOSE.