34, MILLFIELDS WAY, WOMBOURNE, WOLVERHAMPTON, WV5 8HP - £144,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 MILLFIELDS WAY is a very small semi-detached house of 49m², built sometime between 1976 and 1982, which could now be worth an estimated £225,025. It was last sold for £144,950 in February 2017, which was around 18% below the average February 2017 semi-detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

34 MILLFIELDS WAY Sold Prices

Land registry data shows two sales for 34 MILLFIELDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 34 MILLFIELDS 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
2017 3 FEB	£144,950	£176,715	18% below HPI
2007 17 AUG	£134,950	£167,102	19% below HPI

34 MILLFIELDS 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 two 34 MILLFIELDS WAY sales from August 2007 and February 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 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 34 MILLFIELDS WAY be worth now?

34 MILLFIELDS WAY might now be worth an estimated £225,025.

This is based on house price inflation of 55.2%, between February 2017 and December 2024, 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 55.2% inflationary increase is applied to the most recent sale price for 34 MILLFIELDS WAY of £144,950 on 3rd February 2017. For the value to have increased from £144,950 to £225,025 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 34 MILLFIELDS WAY has moved in line with the HPI for semi-detached houses in the South Staffordshire local authority area.
• The February 2017 sale price of £144,950 represented a fair market value for the property.
• The size, condition, and specification of 34 MILLFIELDS WAY has not materially changed since February 2017.

How Large is 34 MILLFIELDS WAY?

34 MILLFIELDS WAY is 49m² according to the EPC inspection conducted in November 2016. 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 MILLFIELDS WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 34 MILLFIELDS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

34 MILLFIELDS WAY: Plot and Title Map

34 MILLFIELDS WAY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 34 MILLFIELDS 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 MILLFIELDS 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 MILLFIELDS WAY?

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