38, WOODFORD WAY, WOMBOURNE, WOLVERHAMPTON, WV5 8HD - £295,000

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

38 WOODFORD WAY is a midsized detached house of 114m², built sometime between 1967 and 1975. It was last sold for £295,000 in August 2015, which was around 5% above the average August 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

38 WOODFORD WAY Sold Prices

Land registry data shows three sales for 38 WOODFORD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Two of the three 38 WOODFORD WAY sales were for above the average price, whilst one was 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
2015 26 AUG	£295,000	£280,093	5% above HPI
2007 2 MAR	£250,000	£262,517	5% below HPI
2001 14 DEC	£160,950	£140,297	15% above HPI

38 WOODFORD WAY 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 three 38 WOODFORD WAY sales between December 2001 and August 2015 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 March 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2015 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 38 WOODFORD WAY?

38 WOODFORD WAY is 114m² according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 38 WOODFORD WAY lies on this distribution: 54% of detached houses are smaller than 38 WOODFORD WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

38 WOODFORD WAY: Plot and Title Map

38 WOODFORD WAY sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 38 WOODFORD 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 38 WOODFORD 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 38 WOODFORD WAY?

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