HONEYPOT COTTAGE, GIGGETTY LANE, WOMBOURNE, WOLVERHAMPTON, WV5 0AY - £398,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HONEYPOT COTTAGE is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £398,500 in July 2020, which was around 17% above the average July 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

HONEYPOT COTTAGE Sold Prices

Land registry data shows three sales for HONEYPOT COTTAGE 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 HONEYPOT COTTAGE 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
2020 17 JUL	£398,500	£341,622	17% above HPI
2010 3 DEC	£348,000	£257,150	35% above HPI
2001 10 AUG	£158,500	£140,750	13% above HPI

HONEYPOT COTTAGE 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 HONEYPOT COTTAGE sales between August 2001 and July 2020 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 December 2010 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2020 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is HONEYPOT COTTAGE?

HONEYPOT COTTAGE is 130m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 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 HONEYPOT COTTAGE lies on this distribution: 70% of detached houses are smaller than HONEYPOT COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

HONEYPOT COTTAGE: Plot and Title Map

HONEYPOT COTTAGE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of HONEYPOT COTTAGE, 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 HONEYPOT COTTAGE). 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 HONEYPOT COTTAGE?

HONEYPOT COTTAGE is located on GIGGETTY LANE in WOMBOURNE, in the WV5 postcode district. The below map shows the position of HONEYPOT COTTAGE on GIGGETTY LANE.