66, MILLFIELDS WAY, WOMBOURNE, WOLVERHAMPTON, WV5 8JQ - £265,000

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

66 MILLFIELDS WAY is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £265,000 in October 2020, which was around 22% below the average October 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

66 MILLFIELDS WAY Sold Prices

Land registry data shows three sales for 66 MILLFIELDS WAY 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 66 MILLFIELDS WAY 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 9 OCT	£265,000	£339,283	22% below HPI
2007 14 MAR	£167,000	£262,517	36% below HPI
2000 19 MAY	£92,995	£125,443	26% below HPI

66 MILLFIELDS WAY 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 66 MILLFIELDS WAY sales between May 2000 and October 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 March 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 66 MILLFIELDS WAY?

66 MILLFIELDS WAY is 77m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 66 MILLFIELDS WAY lies on this distribution: 12% of detached houses are smaller than 66 MILLFIELDS WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

66 MILLFIELDS WAY: Plot and Title Map

66 MILLFIELDS WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 66 MILLFIELDS WAY, 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 66 MILLFIELDS WAY). 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 66 MILLFIELDS WAY?

66 MILLFIELDS WAY is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 66 on MILLFIELDS WAY.