4, HOMAGE PLACE, COVEN, WOLVERHAMPTON, WV9 5BT - £245,000

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

4 HOMAGE PLACE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £245,000 in October 2011, which was around 4% below the average October 2011 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

4 HOMAGE PLACE Sold Prices

Land registry data shows two sales for 4 HOMAGE PLACE 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. One of the two 4 HOMAGE PLACE sales was for below the average price, whilst the other was for above 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 OCT	£245,000	£254,049	4% below HPI
2000 28 JUL	£139,950	£127,336	10% above HPI

4 HOMAGE PLACE 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 4 HOMAGE PLACE sales from July 2000 and October 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 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2011 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 4 HOMAGE PLACE?

4 HOMAGE PLACE is 119m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses in Coven, based on EPC data. The below chart shows the distribution of detached houses by size in Coven, and where 4 HOMAGE PLACE lies on this distribution: 53% of detached houses are smaller than 4 HOMAGE PLACE, and 46% of houses are larger. Note that EPC data is not available for all properties in Coven.

4 HOMAGE PLACE: Plot and Title Map

4 HOMAGE PLACE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 4 HOMAGE PLACE, 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 4 HOMAGE PLACE). 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 4 HOMAGE PLACE?

4 HOMAGE PLACE is located in COVEN, in the WV9 postcode district. The below map shows the position of No. 4 on HOMAGE PLACE.