34, FORGE VALLEY WAY, WOMBOURNE, WOLVERHAMPTON, WV5 8JT - £234,950

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.

34 FORGE VALLEY WAY is a very small semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £257,452. It was last sold for £234,950 in June 2022, which was around 2% below the average June 2022 semi-detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

34 FORGE VALLEY WAY Sold Prices

Land registry data shows five sales for 34 FORGE VALLEY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the South Staffordshire local authority area for the corresponding sale date. All of the five 34 FORGE VALLEY WAY 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
2022 1 JUN	£234,950	£240,228	2% below HPI
2015 22 MAY	£144,950	£162,490	11% below HPI
2006 22 SEP	£152,000	£160,133	5% below HPI
2002 27 MAR	£58,000	£82,655	30% below HPI
2001 3 AUG	£75,000	£80,173	6% below HPI

34 FORGE VALLEY WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The five 34 FORGE VALLEY WAY sales between August 2001 and June 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 May 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 34 FORGE VALLEY WAY be worth now?

34 FORGE VALLEY WAY might now be worth an estimated £257,452.

This is based on house price inflation of 9.6%, between June 2022 and February 2025, for semi-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 9.6% inflationary increase is applied to the most recent sale price for 34 FORGE VALLEY WAY of £234,950 on 1st June 2022. For the value to have increased from £234,950 to £257,452 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 34 FORGE VALLEY WAY has moved in line with the HPI for semi-detached houses in the South Staffordshire local authority area.
• The June 2022 sale price of £234,950 represented a fair market value for the property.
• The size, condition, and specification of 34 FORGE VALLEY WAY has not materially changed since June 2022.

How Large is 34 FORGE VALLEY WAY?

34 FORGE VALLEY WAY is 66m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of semi-detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wombourne, and where 34 FORGE VALLEY WAY lies on this distribution: 7% of semi-detached houses houses are smaller than 34 FORGE VALLEY WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

34 FORGE VALLEY WAY: Plot and Title Map

34 FORGE VALLEY WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 34 FORGE VALLEY WAY, 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 34 FORGE VALLEY WAY). 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 34 FORGE VALLEY WAY?

34 FORGE VALLEY WAY is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 34 on FORGE VALLEY WAY.