JASMINE COTTAGE, GIGGETTY LANE, WOMBOURNE, WOLVERHAMPTON, WV5 0AY - £355,000

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

JASMINE COTTAGE is a large extended detached house of 132m², built sometime between 1983 and 1990. It was last sold for £355,000 in January 2021, which was around 2% below the average January 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

JASMINE COTTAGE Sold Prices

Land registry data shows two sales for JASMINE COTTAGE 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 JASMINE COTTAGE 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
2021 6 JAN	£355,000	£362,035	2% below HPI
2002 6 SEP	£195,000	£172,522	13% above HPI

JASMINE 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 two JASMINE COTTAGE sales from September 2002 and January 2021 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 September 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is JASMINE COTTAGE?

JASMINE COTTAGE is 132m², which includes two extensions, according to the EPC inspection conducted in February 2018. 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 JASMINE COTTAGE lies on this distribution: 72% of detached houses are smaller than JASMINE COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

JASMINE COTTAGE: Plot and Title Map

JASMINE COTTAGE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of JASMINE 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 JASMINE 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 JASMINE COTTAGE?

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