4, WATERBRIDGE LANE, WOMBOURNE, WOLVERHAMPTON, WV5 8ER - £526,000

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 WATERBRIDGE LANE is a very large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £526,000 in February 2023, which was around 28% above the average February 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

4 WATERBRIDGE LANE Sold Prices

Land registry data shows two sales for 4 WATERBRIDGE LANE 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 WATERBRIDGE LANE 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
2023 23 FEB	£526,000	£411,087	28% above HPI
2002 6 DEC	£249,995	£185,719	35% above HPI

4 WATERBRIDGE LANE 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 WATERBRIDGE LANE sales from December 2002 and February 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 December 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2023 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 4 WATERBRIDGE LANE?

4 WATERBRIDGE LANE is 160m² according to the EPC inspection conducted in September 2022. This puts it in the largest 20% 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 WATERBRIDGE LANE lies on this distribution: 87% of detached houses are smaller than 4 WATERBRIDGE LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

4 WATERBRIDGE LANE: Plot and Title Map

4 WATERBRIDGE LANE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 4 WATERBRIDGE LANE, 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 WATERBRIDGE LANE). 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 WATERBRIDGE LANE?

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