9, WATERBRIDGE LANE, WOMBOURNE, WOLVERHAMPTON, WV5 8ER - £318,500

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.

9 WATERBRIDGE LANE is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £471,489. It was last sold for £318,500 in December 2016, which was around 9% above the average December 2016 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

9 WATERBRIDGE LANE Sold Prices

Land registry data shows two sales for 9 WATERBRIDGE LANE 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 9 WATERBRIDGE LANE 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
2016 16 DEC	£318,500	£291,358	9% above HPI
2003 7 FEB	£193,000	£183,710	5% above HPI

9 WATERBRIDGE LANE 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 9 WATERBRIDGE LANE sales from February 2003 and December 2016 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 February 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2016 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 9 WATERBRIDGE LANE be worth now?

9 WATERBRIDGE LANE might now be worth an estimated £471,489.

This is based on house price inflation of 48%, between December 2016 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 48% inflationary increase is applied to the most recent sale price for 9 WATERBRIDGE LANE of £318,500 on 16th December 2016. For the value to have increased from £318,500 to £471,489 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 9 WATERBRIDGE LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The December 2016 sale price of £318,500 represented a fair market value for the property.
• The size, condition, and specification of 9 WATERBRIDGE LANE has not materially changed since December 2016.

How Large is 9 WATERBRIDGE LANE?

9 WATERBRIDGE LANE is 116m² according to the EPC inspection conducted in June 2015. This puts it in the largest 50% 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 9 WATERBRIDGE LANE lies on this distribution: 56% of detached houses houses are smaller than 9 WATERBRIDGE LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

9 WATERBRIDGE LANE: Plot and Title Map

9 WATERBRIDGE LANE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 9 WATERBRIDGE LANE, 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 WATERBRIDGE LANE). 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 WATERBRIDGE LANE?

9 WATERBRIDGE LANE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 9 on WATERBRIDGE LANE.