38, THE BROADWAY, WOMBOURNE, WOLVERHAMPTON, WV5 0HY - £340,000

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.

38 THE BROADWAY is a large extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £367,684. It was last sold for £340,000 in April 2024, which was around 15% below the average April 2024 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

38 THE BROADWAY Sold Prices

Land registry data shows two sales for 38 THE BROADWAY 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 38 THE BROADWAY 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
2024 26 APR	£340,000	£398,835	15% below HPI
2019 31 MAY	£232,000	£313,256	26% below HPI

38 THE BROADWAY 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 38 THE BROADWAY sales from May 2019 and April 2024 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 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 38 THE BROADWAY be worth now?

38 THE BROADWAY might now be worth an estimated £367,684.

This is based on house price inflation of 8.1%, between April 2024 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 8.1% inflationary increase is applied to the most recent sale price for 38 THE BROADWAY of £340,000 on 26th April 2024. For the value to have increased from £340,000 to £367,684 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 38 THE BROADWAY has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The April 2024 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 38 THE BROADWAY has not materially changed since April 2024.

How Large is 38 THE BROADWAY?

38 THE BROADWAY is 122m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% 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 38 THE BROADWAY lies on this distribution: 64% of detached houses houses are smaller than 38 THE BROADWAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

38 THE BROADWAY: Plot and Title Map

38 THE BROADWAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 38 THE BROADWAY, 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 38 THE BROADWAY). 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 38 THE BROADWAY?

38 THE BROADWAY is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 38 on THE BROADWAY.