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
PEACE HAVEN is a very large extended detached house of 203m², built sometime between 1950 and 1966. It was last sold for £495,000 in November 2020, which was around 42% above the average November 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for PEACE HAVEN since 1st 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 PEACE HAVEN 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 23 NOV | £495,000 | £348,280 | 42% above HPI |
2019 25 FEB | £430,000 | £318,910 | 35% above HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two PEACE HAVEN sales from February 2019 and November 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 February 2019 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2020 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.
PEACE HAVEN is 203m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where PEACE HAVEN lies on this distribution: 93% of detached houses are smaller than PEACE HAVEN, and 7% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
PEACE HAVEN sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of PEACE HAVEN, 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 PEACE HAVEN). 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.
PEACE HAVEN is located on STOURBRIDGE ROAD in WOMBOURNE, in the WV5 postcode district. The below map shows the position of PEACE HAVEN on STOURBRIDGE ROAD.