4, THE WHEATLANDS, PERTON, WOLVERHAMPTON, WV6 7XP - £307,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 THE WHEATLANDS is a large extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £307,500 in July 2019, which was around 5% below the average July 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

4 THE WHEATLANDS Sold Prices

Land registry data shows two sales for 4 THE WHEATLANDS 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 THE WHEATLANDS sales was for below the average price, whilst the other was roughly equal to 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
2019 19 JUL	£307,500	£322,682	5% below HPI
2014 7 FEB	£250,000	£250,002	Close to HPI

4 THE WHEATLANDS 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 WHEATLANDS sales from February 2014 and July 2019 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 February 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 4 THE WHEATLANDS?

4 THE WHEATLANDS is 119m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 4 THE WHEATLANDS lies on this distribution: 80% of detached houses are smaller than 4 THE WHEATLANDS, and 19% of houses are larger. Note that EPC data is not available for all properties in Perton.

4 THE WHEATLANDS: Plot and Title Map

4 THE WHEATLANDS sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 4 THE WHEATLANDS, 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 WHEATLANDS). 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 WHEATLANDS?

4 THE WHEATLANDS is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 4 on THE WHEATLANDS.