7, WEDGWOOD CLOSE, WOMBOURNE, WOLVERHAMPTON, WV5 8EL - £472,000

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

7 WEDGWOOD CLOSE is a large detached house of 121m², built sometime between 1991 and 1995. It was last sold for £472,000 in October 2022, which was around 12% above the average October 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

7 WEDGWOOD CLOSE Sold Prices

Land registry data shows four sales for 7 WEDGWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 7 WEDGWOOD CLOSE sales were 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
2022 5 OCT	£472,000	£419,581	12% above HPI
2019 18 JUL	£385,000	£322,682	19% above HPI
2005 28 OCT	£275,000	£242,774	13% above HPI
1995 28 JUL	£135,000	£89,973	50% above HPI

7 WEDGWOOD CLOSE 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 four 7 WEDGWOOD CLOSE sales between July 1995 and October 2022 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 July 2019 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 7 WEDGWOOD CLOSE?

7 WEDGWOOD CLOSE is 121m² according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 7 WEDGWOOD CLOSE lies on this distribution: 62% of detached houses are smaller than 7 WEDGWOOD CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

7 WEDGWOOD CLOSE: Plot and Title Map

7 WEDGWOOD CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 7 WEDGWOOD CLOSE, 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 WEDGWOOD CLOSE). 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 WEDGWOOD CLOSE?

7 WEDGWOOD CLOSE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 7 on WEDGWOOD CLOSE.