PARK MOUNT, STOURBRIDGE ROAD, WOMBOURNE, WOLVERHAMPTON, WV5 0JN - £2,400,000

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

PARK MOUNT is a very large detached house of 445m², built sometime between 1900 and 1929. It was last sold for £2,400,000 in November 2021, which was around 535% above the average November 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

PARK MOUNT Sold Prices

Land registry data shows two sales for PARK MOUNT 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 PARK MOUNT 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
2021 12 NOV	£2,400,000	£378,123	535% above HPI
2015 1 MAY	£1,600,000	£267,571	498% above HPI

PARK MOUNT 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 PARK MOUNT sales from May 2015 and November 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 May 2015 sale was for 498% above the HPI. So the extrapolation line tracks at 498% above the HPI over time, until the November 2021 sale, where it rises to 535% above the HPI. The line then continues to track at 535% above the HPI.

How Large is PARK MOUNT?

PARK MOUNT is 445m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where PARK MOUNT lies on this distribution: More than 99% of detached houses are smaller than PARK MOUNT, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

PARK MOUNT: Plot and Title Map

PARK MOUNT sits on a plot of roughly 6.5 acres, or 26,281m². The below map shows the location of PARK MOUNT, 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 PARK MOUNT). 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 PARK MOUNT?

PARK MOUNT is located on STOURBRIDGE ROAD in WOMBOURNE, in the WV5 postcode district. The below map shows the position of PARK MOUNT on STOURBRIDGE ROAD.