45, MEADOW LANE, WOMBOURNE, WOLVERHAMPTON, WV5 9BT - £250,000

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

45 MEADOW LANE is a very large detached house of 176m², built sometime between 1950 and 1966. It was last sold for £250,000 in December 2020, which was around 30% below the average December 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

45 MEADOW LANE Sold Prices

Land registry data shows two sales for 45 MEADOW 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 45 MEADOW LANE 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
2020 7 DEC	£250,000	£357,786	30% below HPI
2020 24 FEB	£220,000	£320,008	31% below HPI

45 MEADOW 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 45 MEADOW LANE sales from February 2020 and December 2020 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 2020 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 45 MEADOW LANE?

45 MEADOW LANE is 176m² according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 45 MEADOW LANE lies on this distribution: 91% of detached houses are smaller than 45 MEADOW LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

45 MEADOW LANE: Plot and Title Map

45 MEADOW LANE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 45 MEADOW 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 45 MEADOW 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 45 MEADOW LANE?

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