9, THE PADDOCK, COVEN, WOLVERHAMPTON, WV9 5JW - £490,000

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

9 THE PADDOCK is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £490,000 in March 2023, which was around 20% above the average March 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

9 THE PADDOCK Sold Prices

Land registry data shows three sales for 9 THE PADDOCK 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 9 THE PADDOCK 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
2023 10 MAR	£490,000	£409,008	20% above HPI
2018 28 JUN	£375,000	£311,423	20% above HPI
2002 30 AUG	£215,000	£168,470	28% above HPI

9 THE PADDOCK 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 9 THE PADDOCK sales between August 2002 and March 2023 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 2018 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2023 sale, which was also at 20% above the HPI.

How Large is 9 THE PADDOCK?

9 THE PADDOCK is 116m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Coven, based on EPC data. The below chart shows the distribution of detached houses by size in Coven, and where 9 THE PADDOCK lies on this distribution: 47% of detached houses are smaller than 9 THE PADDOCK, and 53% of houses are larger. Note that EPC data is not available for all properties in Coven.

9 THE PADDOCK: Plot and Title Map

9 THE PADDOCK sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 9 THE PADDOCK, 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 9 THE PADDOCK). 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 9 THE PADDOCK?

9 THE PADDOCK is located in COVEN, in the WV9 postcode district. The below map shows the position of No. 9 on THE PADDOCK.