4, HOUGH WAY, ESSINGTON, WOLVERHAMPTON, WV11 2BR - £275,000

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 HOUGH WAY is a midsized detached house of 109m², built sometime from 2007 onwards. It was last sold for £275,000 in September 2012, which was around 9% above the average September 2012 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

4 HOUGH WAY Sold Prices

Land registry data shows two sales for 4 HOUGH WAY 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 4 HOUGH WAY sales were 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
2012 21 SEP	£275,000	£252,371	9% above HPI
2007 8 MAR	£319,950	£262,517	22% above HPI

4 HOUGH 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 two 4 HOUGH WAY sales from March 2007 and September 2012 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2012 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 4 HOUGH WAY?

4 HOUGH WAY is 109m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of detached houses in Essington, based on EPC data. The below chart shows the distribution of detached houses by size in Essington, and where 4 HOUGH WAY lies on this distribution: 43% of detached houses are smaller than 4 HOUGH WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Essington.

4 HOUGH WAY: Plot and Title Map

4 HOUGH WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 4 HOUGH 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 4 HOUGH 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 4 HOUGH WAY?

4 HOUGH WAY is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 4 on HOUGH WAY.