7, HOUGH WAY, ESSINGTON, WOLVERHAMPTON, WV11 2BR - £315,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 HOUGH WAY is a large detached house of 134m², built sometime from 2007 onwards. It was last sold for £315,000 in February 2021, which was around 13% below the average February 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

7 HOUGH WAY Sold Prices

Land registry data shows two sales for 7 HOUGH WAY 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. One of the two 7 HOUGH WAY sales was for below the average price, whilst the other was 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
2021 19 FEB	£315,000	£363,254	13% below HPI
2007 29 JUN	£299,950	£266,805	12% above HPI

7 HOUGH 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 two 7 HOUGH WAY sales from June 2007 and February 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 June 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 HOUGH WAY?

7 HOUGH WAY is 134m² according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses in Essington, based on EPC data. The below chart shows the distribution of detached houses by size in Essington, and where 7 HOUGH WAY lies on this distribution: 74% of detached houses are smaller than 7 HOUGH WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Essington.

7 HOUGH WAY: Plot and Title Map

7 HOUGH WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 7 HOUGH 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 7 HOUGH 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 7 HOUGH WAY?

7 HOUGH WAY is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 7 on HOUGH WAY.