8, WAVERLEY GARDENS, WOMBOURNE, WOLVERHAMPTON, WV5 9EB - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WAVERLEY GARDENS is a very small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £408,628. It was last sold for £295,000 in October 2017, which was around 5% below the average October 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

8 WAVERLEY GARDENS Sold Prices

Land registry data shows two sales for 8 WAVERLEY GARDENS 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 8 WAVERLEY GARDENS 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
2017 6 OCT	£295,000	£311,375	5% below HPI
2003 27 NOV	£193,500	£213,642	9% below HPI

8 WAVERLEY GARDENS 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 8 WAVERLEY GARDENS sales from November 2003 and October 2017 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 November 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 8 WAVERLEY GARDENS be worth now?

8 WAVERLEY GARDENS might now be worth an estimated £408,628.

This is based on house price inflation of 38.5%, between October 2017 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.5% inflationary increase is applied to the most recent sale price for 8 WAVERLEY GARDENS of £295,000 on 6th October 2017. For the value to have increased from £295,000 to £408,628 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 WAVERLEY GARDENS has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The October 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WAVERLEY GARDENS has not materially changed since October 2017.

How Large is 8 WAVERLEY GARDENS?

8 WAVERLEY GARDENS is 80m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombourne, and where 8 WAVERLEY GARDENS lies on this distribution: 15% of detached houses houses are smaller than 8 WAVERLEY GARDENS, and 84% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

8 WAVERLEY GARDENS: Plot and Title Map

8 WAVERLEY GARDENS sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 8 WAVERLEY GARDENS, 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 8 WAVERLEY GARDENS). 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 8 WAVERLEY GARDENS?

8 WAVERLEY GARDENS is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 8 on WAVERLEY GARDENS.