45, FOLEY GROVE, WOMBOURNE, WOLVERHAMPTON, WV5 8JA - £245,000

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.

45 FOLEY GROVE is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £283,445. It was last sold for £245,000 in August 2021, which was around 34% below the average August 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

45 FOLEY GROVE Sold Prices

Land registry data shows three sales for 45 FOLEY GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 45 FOLEY GROVE 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
2021 24 AUG	£245,000	£372,810	34% below HPI
2016 12 AUG	£205,000	£293,528	30% below HPI
1996 29 NOV	£70,000	£90,806	23% below HPI

45 FOLEY GROVE 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 three 45 FOLEY GROVE sales between November 1996 and August 2021 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 August 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 45 FOLEY GROVE be worth now?

45 FOLEY GROVE might now be worth an estimated £283,445.

This is based on house price inflation of 15.7%, between August 2021 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 15.7% inflationary increase is applied to the most recent sale price for 45 FOLEY GROVE of £245,000 on 24th August 2021. For the value to have increased from £245,000 to £283,445 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 45 FOLEY GROVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The August 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 45 FOLEY GROVE has not materially changed since August 2021.

How Large is 45 FOLEY GROVE?

45 FOLEY GROVE is 60m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% 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 45 FOLEY GROVE lies on this distribution: 3% of detached houses houses are smaller than 45 FOLEY GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

45 FOLEY GROVE: Plot and Title Map

45 FOLEY GROVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 45 FOLEY GROVE, 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 45 FOLEY GROVE). 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 45 FOLEY GROVE?

45 FOLEY GROVE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 45 on FOLEY GROVE.