4, THE PADDOCK, WOMBOURNE, WOLVERHAMPTON, WV5 8JL - £251,500

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.

4 THE PADDOCK is a very small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £346,869. It was last sold for £251,500 in September 2017, which was around 20% below the average September 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

4 THE PADDOCK Sold Prices

Land registry data shows two sales for 4 THE PADDOCK 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 PADDOCK 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
2017 15 SEP	£251,500	£312,725	20% below HPI
2015 26 JUN	£180,000	£272,773	34% below HPI

4 THE PADDOCK 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 PADDOCK sales from June 2015 and September 2017 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 June 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 THE PADDOCK be worth now?

4 THE PADDOCK might now be worth an estimated £346,869.

This is based on house price inflation of 37.9%, between September 2017 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 37.9% inflationary increase is applied to the most recent sale price for 4 THE PADDOCK of £251,500 on 15th September 2017. For the value to have increased from £251,500 to £346,869 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 THE PADDOCK has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The September 2017 sale price of £251,500 represented a fair market value for the property.
• The size, condition, and specification of 4 THE PADDOCK has not materially changed since September 2017.

How Large is 4 THE PADDOCK?

4 THE PADDOCK is 79m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% 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 4 THE PADDOCK lies on this distribution: 15% of detached houses houses are smaller than 4 THE PADDOCK, and 85% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

4 THE PADDOCK: Plot and Title Map

4 THE PADDOCK sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 4 THE PADDOCK, 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 PADDOCK). 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 PADDOCK?

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