HEYTHROP, LIGHT ASH LANE, COVEN, WOLVERHAMPTON, WV9 5AE - £370,000

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.

HEYTHROP is a small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £403,299. It was last sold for £370,000 in February 2024, which was around 6% below the average February 2024 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

HEYTHROP Sold Prices

Land registry data shows two sales for HEYTHROP 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. One of the two HEYTHROP sales was for below the average price, whilst the other was 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
2024 16 FEB	£370,000	£395,698	6% below HPI
1997 25 APR	£105,000	£95,491	10% above HPI

HEYTHROP 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 HEYTHROP sales from April 1997 and February 2024 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 April 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might HEYTHROP be worth now?

HEYTHROP might now be worth an estimated £403,299.

This is based on house price inflation of 9%, between February 2024 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 9% inflationary increase is applied to the most recent sale price for HEYTHROP of £370,000 on 16th February 2024. For the value to have increased from £370,000 to £403,299 over the one year to February 2025, the following assumptions must hold true:

• The value of HEYTHROP has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The February 2024 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of HEYTHROP has not materially changed since February 2024.

How Large is HEYTHROP?

HEYTHROP is 83m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses houses in Coven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coven, and where HEYTHROP lies on this distribution: 23% of detached houses houses are smaller than HEYTHROP, and 75% of houses are larger. Note that EPC data is not available for all properties in Coven.

HEYTHROP: Plot and Title Map

HEYTHROP sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of HEYTHROP, 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 HEYTHROP). 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 HEYTHROP?

HEYTHROP is located on LIGHT ASH LANE in COVEN, in the WV9 postcode district. The below map shows the position of HEYTHROP on LIGHT ASH LANE.