72, MILLFIELDS WAY, WOMBOURNE, WOLVERHAMPTON, WV5 8JQ - £239,950

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

72 MILLFIELDS WAY is a small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £239,950 in April 2015, which was around 9% below the average April 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

72 MILLFIELDS WAY Sold Prices

Land registry data shows three sales for 72 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 72 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
2015 9 APR	£239,950	£264,587	9% below HPI
2007 2 MAR	£225,000	£262,517	14% below HPI
2000 24 MAR	£102,500	£118,794	14% below HPI

72 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 72 MILLFIELDS WAY sales between March 2000 and April 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 March 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 72 MILLFIELDS WAY?

72 MILLFIELDS WAY is 88m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 72 MILLFIELDS WAY lies on this distribution: 23% of detached houses are smaller than 72 MILLFIELDS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

72 MILLFIELDS WAY: Plot and Title Map

72 MILLFIELDS WAY sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 72 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 72 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 72 MILLFIELDS WAY?

72 MILLFIELDS WAY is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 72 on MILLFIELDS WAY.