4, THE MEADLANDS, WOMBOURNE, WOLVERHAMPTON, WV5 8HU - £305,000

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 THE MEADLANDS is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £305,000 in August 2023, which was around 26% below the average August 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

4 THE MEADLANDS Sold Prices

Land registry data shows two sales for 4 THE MEADLANDS 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 THE MEADLANDS 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
2023 16 AUG	£305,000	£413,658	26% below HPI
2020 15 MAY	£237,500	£337,638	30% below HPI

4 THE MEADLANDS 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 THE MEADLANDS sales from May 2020 and August 2023 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 2020 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 THE MEADLANDS?

4 THE MEADLANDS is 98m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 4 THE MEADLANDS lies on this distribution: 34% of detached houses are smaller than 4 THE MEADLANDS, and 64% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

4 THE MEADLANDS: Plot and Title Map

4 THE MEADLANDS sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 4 THE MEADLANDS, 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 THE MEADLANDS). 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 THE MEADLANDS?

4 THE MEADLANDS is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 4 on THE MEADLANDS.