5, BULL MEADOW LANE, WOMBOURNE, WOLVERHAMPTON, WV5 9DE - £252,000

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.

5 BULL MEADOW LANE is a midsized extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £385,717. It was last sold for £252,000 in September 2015, which was around 11% below the average September 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

5 BULL MEADOW LANE Sold Prices

Land registry data shows five sales for 5 BULL MEADOW LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Most of the five 5 BULL 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
2015 24 SEP	£252,000	£281,787	11% below HPI
2010 29 OCT	£239,000	£261,815	9% below HPI
2004 30 JUL	£249,950	£230,305	9% above HPI
2003 23 MAY	£195,000	£200,069	3% below HPI
1997 12 DEC	£109,950	£98,345	12% above HPI

5 BULL 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 five 5 BULL MEADOW LANE sales between December 1997 and September 2015 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 October 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 BULL MEADOW LANE be worth now?

5 BULL MEADOW LANE might now be worth an estimated £385,717.

This is based on house price inflation of 53.1%, between September 2015 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 53.1% inflationary increase is applied to the most recent sale price for 5 BULL MEADOW LANE of £252,000 on 24th September 2015. For the value to have increased from £252,000 to £385,717 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 BULL MEADOW LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The September 2015 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BULL MEADOW LANE has not materially changed since September 2015.

How Large is 5 BULL MEADOW LANE?

5 BULL MEADOW LANE is 106m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% 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 5 BULL MEADOW LANE lies on this distribution: 46% of detached houses houses are smaller than 5 BULL MEADOW LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

5 BULL MEADOW LANE: Plot and Title Map

5 BULL MEADOW LANE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 5 BULL 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 5 BULL 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 5 BULL MEADOW LANE?

5 BULL MEADOW LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 5 on BULL MEADOW LANE.