7, THE WHEATLANDS, PERTON, WOLVERHAMPTON, WV6 7XP - £251,000

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

7 THE WHEATLANDS is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £251,000 in April 2018, which was around 21% below the average April 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

7 THE WHEATLANDS Sold Prices

Land registry data shows two sales for 7 THE WHEATLANDS 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 7 THE WHEATLANDS 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
2018 27 APR	£251,000	£317,776	21% below HPI
2004 9 AUG	£210,000	£236,779	11% below HPI

7 THE WHEATLANDS 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 THE WHEATLANDS sales from August 2004 and April 2018 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 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 THE WHEATLANDS?

7 THE WHEATLANDS is 91m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 7 THE WHEATLANDS lies on this distribution: 38% of detached houses are smaller than 7 THE WHEATLANDS, and 61% of houses are larger. Note that EPC data is not available for all properties in Perton.

7 THE WHEATLANDS: Plot and Title Map

7 THE WHEATLANDS sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 7 THE WHEATLANDS, 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 THE WHEATLANDS). 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 THE WHEATLANDS?

7 THE WHEATLANDS is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 7 on THE WHEATLANDS.