35, FURNACE CLOSE, WOMBOURNE, WOLVERHAMPTON, WV5 0PB - £231,000

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

35 FURNACE CLOSE is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £231,000 in January 2011, which was around 12% below the average January 2011 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

35 FURNACE CLOSE Sold Prices

Land registry data shows two sales for 35 FURNACE 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 35 FURNACE 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
2011 14 JAN	£231,000	£261,062	12% below HPI
2008 11 JUL	£207,000	£260,241	20% below HPI

35 FURNACE 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 35 FURNACE CLOSE sales from July 2008 and January 2011 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 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 35 FURNACE CLOSE?

35 FURNACE CLOSE is 81m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 35 FURNACE CLOSE lies on this distribution: 17% of detached houses are smaller than 35 FURNACE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

35 FURNACE CLOSE: Plot and Title Map

35 FURNACE CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 35 FURNACE 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 35 FURNACE 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 35 FURNACE CLOSE?

35 FURNACE CLOSE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 35 on FURNACE CLOSE.